Return filing mandatory or not

Vishesh Bhagat   12 June 2018

Vishesh Bhagat

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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 ?

Jatin (Accountant)     12 June 2018

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Not mandatory, you are not required to file ITR


Vikas jain (manager)     13 June 2018

Vikas jain
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if GTI is greater than basic exemption before giving effect of sec 10(38) then return filing is compulsory

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