requirement for LIC claim
This query is : Resolved
16 May 2008
sir ,Till date I havent filed any return but I have PAN card .In this i have got LIC claim amount on the policy of my father
I m a CA student & getting a stipend of Rs.4000pm also.
1. please tell me at what time i am required to file return regarding this amount(lic claim)?
2.if i file return ,am i required to file return every year? and
3.is this return goin to create any trouble for me ?
I m a CA student & getting a stipend of Rs.4000pm also.
1. please tell me at what time i am required to file return regarding this amount(lic claim)?
2.if i file return ,am i required to file return every year? and
3.is this return goin to create any trouble for me ?
26 May 2008
1)The amt that u have recd is capital income n u need not file Return due to this and it wont create any sort of trouble for u
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- ITR 4 and Bank transactions
- ITDS U/S.194T of Firm
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
