Filing of itr for ay 2013-14
This query is : Open
Nisha Kotian
(Querist)
18 May 2013
Pls suggest on the following:
TDS @10% has been deducted under sec 194 LA on compensation received on compulsory acquisition of village land by government. Need to know which ITR is to be filed for the same for AY 2013-14 and under which head of income? Can refund be claimed by a Sr. citizen in case the total taxable income is below the the taxable limit?
TDS @10% has been deducted under sec 194 LA on compensation received on compulsory acquisition of village land by government. Need to know which ITR is to be filed for the same for AY 2013-14 and under which head of income? Can refund be claimed by a Sr. citizen in case the total taxable income is below the the taxable limit?
CA rohit swami
(Expert)
18 May 2013
FILE ITR-2 FOR OTHER SOURCE INCOME FOR COMPENSATION RECEIVED AGAINST COMPOLSURY LAND AQUISITION. IF YOU HAVE ALSO RECECIVED INTERES ON SUCH COMPENSATION THEN CLAIM 50% INTEREST EXAMPTION ON THAT INTEREST RECIVED.
Message likes :
1 times
Nisha Kotian
(Querist)
04 June 2013
Will this form part of capital gains as someone had suggested that it will be capital gains and refund can be claimed if income is within the taxable limit?
CMA Ramesh Krishnan
(Expert)
23 June 2013
Even compulsory acquisition also capital gain will apply
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Movement of goods by packers and movers - type of sale - Reg.
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
