Is it capital gain?

106 views 2 replies
he is a labour earning ₹400 per day and government acquired land his farming land and Acquisition department deducted TDS and for refund which itr form he file

PART A2 - Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA/ TDS on Rent of Property u/s 194IB (For Seller/Landlord of Property)^
Sr. No.^Acknowledgement Number^Name of Deductor^PAN of Deductor^Transaction Date^Total Transaction Amount(Rs.)^Total TDS
Replies (2)

For claiming your TDS refund you just file his return even he has no taxable income

Capital gains arising on compulsory acquisition of such agricultural land is exempt under section 10(37). You should file ITR 2 and claim refund


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register