My mother had taken KVP in cash long time back but did not show in ITR.
now she has got double the amount via cheque.
how should I show the interest amount in her ITR??
Declare it as Capital Gain.........
ANSHUL GUPTA (ARTICLE) (51 Points)
12 January 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160870 Points)
Replied 12 January 2018
Declare it as Capital Gain.........
ANSHUL GUPTA
(ARTICLE)
(51 Points)
Replied 12 January 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160870 Points)
Replied 13 January 2018
No, that option, actually you should have adopted till earlier years.
Now declare the whole gain in last year of redumption as capital gain.
CAclubindia
