1).I rec'd RS.1100 capital gain from buy back of shares. My salary income is 120000 Per annum. Should I show is in ITR.
2). My mother also hvng demat from which she rec'd 30000 as STCG and LTCG . Is filing necessary for her ?
1.Yes, may be u/f. IFOS.
2. If senior citizen, having aggregate income including these gains, more than 3 lakhs; return filing mandatory.
Correct.... but advisable to file ITR considering its other benefits...
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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