29 October 2012
My uncle sold his house on 1 feb 2012. He put the entire consideration in his savings account.due date of return filing has passed and the amount is there only instead of capital gains account. He has never filed return in his life. What shud he do?
1. How much is the amount of Gains?? 2. Is your Uncle has other Incomes ?? 3. Details about the House?? and also amount of sale consideration, cost of acquisition and Date of acquisition