Sec 194la refund
This query is : Resolved
29 May 2014
The facts are:-
Assessee -resident individual.(having no taxable income)
Land acquired by NTPC in 1995.
Enhanced compensation received as per the decree of court Rs 551210.000 (jan 2014)
TDS deducted @10% amounts and credited in Jan amounts to Rs55121.
My question is-
In order to claim the refund,ITR2 the form to be used after computing capital gains, if any?
Kindly guide me.
Assessee -resident individual.(having no taxable income)
Land acquired by NTPC in 1995.
Enhanced compensation received as per the decree of court Rs 551210.000 (jan 2014)
TDS deducted @10% amounts and credited in Jan amounts to Rs55121.
My question is-
In order to claim the refund,ITR2 the form to be used after computing capital gains, if any?
Kindly guide me.
01 June 2014
before looking for refund, you need to check for taxability under 56(2)(viii)
and yes, you can use ITR2.
and yes, you can use ITR2.
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding appeal to GSTAT
- Value of property in capital gain
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Multiple trade mark
- Copyright software
- Transporter Declaration form
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
