CAPITAL GAINS
This query is : Resolved
27 May 2011
HI
ONE OF MY CLIENTS SOLD SOME SHARES THREE YEARS BACK BUT THERE WAS SOME DISPUTES THAT TIME SO HE DID NOT RECEIVE THE CASH THAT TIME
NOW COURT HAS FAVOURED DECISION TO MY CLIENT AND HE RECD THAT CASH NOW ,
SO SHOULD I COMPUTE CAPITAL GAIN FOR THIS YEAR OR SHOULD I REVISE THE RETURN WHICH WAS FILED THREE YEARS BACK
PLS GUIDE
ONE OF MY CLIENTS SOLD SOME SHARES THREE YEARS BACK BUT THERE WAS SOME DISPUTES THAT TIME SO HE DID NOT RECEIVE THE CASH THAT TIME
NOW COURT HAS FAVOURED DECISION TO MY CLIENT AND HE RECD THAT CASH NOW ,
SO SHOULD I COMPUTE CAPITAL GAIN FOR THIS YEAR OR SHOULD I REVISE THE RETURN WHICH WAS FILED THREE YEARS BACK
PLS GUIDE
27 May 2011
THE CAP GAIN IS RELATED TO THE THREE YAERS BACK PERIOD
ASK AO TO ISSUE 148 NOTICE
AND THEN FILE THE RETURN
CA MANOJ GUPTA
JODHPUR
09828510543
ASK AO TO ISSUE 148 NOTICE
AND THEN FILE THE RETURN
CA MANOJ GUPTA
JODHPUR
09828510543
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