REBATE U/S 87A DISALLOWANCE AGAINST SPECIAL INCOMES(111a)
This query is : Resolved
25 October 2024
Hii
I received notice for aforesaid topic(REBATE U/S 87A DISALLOWANCE AGAINST SPECIAL INCOMES(111a)) should i pay the demand or file revised return to change the nature from capital gain to business income assuming stock are held stock in trade and claim benefit of 87a on business income.
I received notice for aforesaid topic(REBATE U/S 87A DISALLOWANCE AGAINST SPECIAL INCOMES(111a)) should i pay the demand or file revised return to change the nature from capital gain to business income assuming stock are held stock in trade and claim benefit of 87a on business income.
25 October 2024
Advisable to pay the capital gain/demand over STCG.
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