Dear friends
we have received 21lacs from redemption of elss after deduction of TDS u/s 194DA.
the question is how we can show the redemption value in income tax return . whether it is taxable or exempt.
We have received redemption value in the month of March 2018.
please clear that I have confirmed it would be taxable @ 10% from the ay 2018-19.
pls correct if the above confirmation is wrong.
CAclubindia
