Regarding filling of return
This query is : Resolved
27 June 2008
If a person is not feeling to file his/her return..although he is taxable income is uder exemption limit..i.e. 110000Rs..but he/she has short term capital gain..on sale & purchase of asset on which STT has been paid
Is it mandatory to file the return
His total income..by clubbing short term capital gain + normal income less thn exemption limit.
Is it mandatory to file the return
His total income..by clubbing short term capital gain + normal income less thn exemption limit.
Reetika Goel
(Expert)
27 June 2008
If his total income including STCG does not exceed exemption limit, it is not mandatory for him to file his return.
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