05 August 2014
As due date of filing of ITR for individuals has passed and amt cannot be invested in CAPITAL GAIN ACCOUNT SCHEME whether one can escape from long term capital gain arising from sale of urban land ??
06 August 2014
well dont file the return. you have time till 31 March 2016 to file the return. if you invest the capital gains under section 54/54F by then and file the return under 139(4), you shall get the exemption.
CAclubindia
