In case if a person being individual has income from captial gain or loss, whatever the amount of gain/Loss whether Long term or short term, is mandatory for him to file his ITR?
Even if captial gain is under basic exemption limit ?
Menu
Return filing mandatory or not
Replies (2)
Not mandatory, you are not required to file ITR
if GTI is greater than basic exemption before giving effect of sec 10(38) then return filing is compulsory
Recent Topics :
- Representative assessee
- Investment Income as Business Income for Sec. 44AD
- In ITR 4 u/s 44ADA what amount we shoud show under
- Salary expenses how to treat
- Pos related issue
- Gift of unlisted shares to friend upon marriage
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
Related Topics :
CAclubindia
