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.
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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