Is it required to file the return if we buy the shares without selling any shares in a previous year 2018-19 of rupees more than Rs 5,00,000
Can anyone help me
Thank you
Menu
About filing of incomtax return
Replies (1)
If your gross total income doesn't exceed basic exemption limit (for individual < 60 years, its 2,50,000/-), then mere buying of shares doesn't make it liable to file return. But it is always advisable to file.
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
