yes,  i have filed, u/s 111A and 10(38) and it got processed at CPC and intimation also served u/s 143(1)

Right even I have filed a return which had capital loss (short term) and Long Term Capital Gain Even that was processed without much fuss.

Yes i too have filed the return with CG and it was correctly processed.

Yes buddy there is no such problem...

thnks evryone...

What is this all about CPC ??

CPC as u knw is the central  processing centre bangalore....in some cases an efiled return is not processed directly in CPC..it is transfered to the local assessing officer or ITO... this happens rarely say 1 in 100 cases..

this is why i was enquiring if a return with capital gain wud be transferred out of CPC...

And what cause difficulty at our end if the same is processed at CPC or anywhere else?

well if a return is processed locally there are problems in every aspect...

first thing they take much more time than CPC...secondly there are other aspects which u will realise after u start practicing..

:P.... well.. am glad enough to say you that i am practicing :)

if ur practicing then y did u ask abt the differnce between a processing done at CPC and processing done locally..

if the local offices were efficient and smooth running there wudn't be a CPC....

Right???

Well... is it? dont knw how i went unawre of such stuffs?.. will soon look into it :)