HI - I have a couple of questions:
1. For the AY 2012-13, can you tell me what ITR form will be applicable for someone who has no salary income (unemployed) but has only interest income and equity capital gains (short and long term)?
2. In computing short term capital gains, can one deduct brokergage, service tax, STT? What about demat charges?
3. Assume one is living in a rented house in Mumbai. If one was employed for 6 months of the year with HRA benefits and unemployed for the remaining 6 months, can he claim deduction of house rent paid under section 80GG? I am getting conflicting advise on this issue. Some people say that because HRA was available during the year, one cannot claim deduction of rent paid under section 80GG. While others say that one can claim deduction under 80GG for the unemployed period. Which advise is correct?
Regards
CAclubindia
