Itr filing

This query is : Resolved 

04 June 2013 Pls suggest on the following: TDS @10% has been deducted under sec 194 LA on compensation received on compulsory acquisition of village land by government. Need to know which ITR is to be filed for the same for AY 2013-14 and under which head of income? Can refund be claimed by a Sr. citizen in case the total taxable income is below the the taxable limit?


04 June 2013 Dear Nisha,

you have to file ITR 2 and this will be capital gains
yes...the refurnd can be claimed if the income is below the taxable limit

- Ankit

04 June 2013 But how come we can claim refund incase of capital gain? I suppose capital gain tax is not refundable.


05 June 2013 ITR 2. Refund can be claimed



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