Itr v - nil income

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2013 Hi all,

I have filed my ITR 2 as I was having only capital gain and I have fully invested my Net sale consideration(land).But when ITR V is generated it shows everything as NIL. Is it right that I had file my income from LTCG ? Since I have fully invested in new HP and balance in CG a/c ITR V shows everything as NIL.Please clarify

24 July 2013 Yes. Correct. ITR-V shows only the Gross taxable income and deductions under chapter VI-A tax liability and paid details. since you are taken exemption so gross total income income is Nil.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2013 Thank you very much.Appreciate your quick response





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