14 August 2013
my friend house was acquired by cent. govt. for railway bridge work. govt. gives 11 lakhs as compensation. and also levied 1.30 lakhs as TDS. now how can i show the income from capital gains head. and how can GET refund of the TDS amount?
14 August 2013
Yes. need to calculate the Capital gain and apply tax accordingly and avail in case of exemption eligibility u/s.54 and claim the TDS in the return