Long term capital gain
Anita Deshwal (31 Points)
10 July 2018Anita Deshwal (31 Points)
10 July 2018
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 10 July 2018
Anita Deshwal
(31 Points)
Replied 10 July 2018
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 10 July 2018
Originally posted by : Anita Deshwal | ||
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Thanks sir. Also sir my income is nil and i have invested all capital gain amount in same year. do I still need to file ITR return | ![]() |
Yes
You are required to Filed return
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 10 July 2018
Anita Deshwal
(31 Points)
Replied 10 July 2018
Sudarshan Sarda
(CHARTERED ACCOUNTANT)
(241 Points)
Replied 12 July 2018
IF YOU WILL NOT FILE YOUR RETURN, THEN EXEMPTION UNDER SEC 54 WILL NOT AVAILABLE TO YOU.
IT IS MANDATORY TO FILE RETURN.
AND ALSO YOU HAVE TO DEPOSIT CAPITAL GAIN RECEIPTS IN NATIONALIZED BANK ACCOUNT ON OR BEFORE 31ST JULY i.e. DUE DATE TO FILE IT RETURN.
IF YOU FAIL TO DEPOSIT THE SAME YOUR EXEMPTION WILL BE WITHDRAWN