Assessee is a Super Senior Citizen,Rs8,75,000/ has been - credited into his Bank Account after realisation of sold of shares. Wife transfer the share through transfer certificate i.e.throguh demat in the name of huband and husband sale those shares on 22.05.2015 and realised the value for 8,75,000/-. Income Tax Return not yet submitted by husband .Now it is necessary to submit I.T.Return as there is a short term capital gain arise during the Assessment year 2016-17.In this case computation on short term capital gain intererest for delay payment,,234A,234b&234C calculation also necessary as no advance tax not been paid by husband .Please compute the short term capital gain along with Interest for delay payment and also non payment of Advance tax.
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