30 December 2024
It Department identified capital gains in the case of joint development of property. Whereas, the capital gain amount was invested in house property which is exempted u/s 54. No other income is available other than exempted one. How to submit return of income when it could not be accepted for uploading, should we have to wait until any notice come.
30 December 2024
Check for any taxable income like interest income or any additional business income may be helpful to file updated return, as any notice from ITD will be more stressful & time consuming.