My cousin is having only income from capital gains . Which ITR does she needs to file. ITR 1 or ITR 2 etc..
Also what would be the exemption which she would get
Your prompt response will be highly appreciated.
Menu
Income from Capital Gains
Replies (1)
ITR-2 is to be filed..
if ihe gain is from shares nd long term it will be exempt..
Otherwise to claim any exemption assessee has to invest according to sec 54.
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
