Has anybody Efiled a return with capital gain???
If yes was it directly processed at CPC..!!
Do Reply..
14 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 08 July 2011
yes, i have filed, u/s 111A and 10(38) and it got processed at CPC and intimation also served u/s 143(1)
praveen
(Chartered Accountant)
(6971 Points)
Replied 08 July 2011
Right even I have filed a return which had capital loss (short term) and Long Term Capital Gain Even that was processed without much fuss.
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 08 July 2011
| Originally posted by : U S Sharma | ||
 |
yes, i have filed, u/s 111A and 10(38) and it got processed at CPC and intimation also served u/s 143(1) |
 |
Vaibhav Garg
(CA)
(47 Points)
Replied 08 July 2011
Yes i too have filed the return with CG and it was correctly processed.
rz's
(TRAINEEE)
(243 Points)
Replied 09 July 2011
CPC as u knw is the central processing centre bangalore....in some cases an efiled return is not processed directly in CPC..it is transfered to the local assessing officer or ITO... this happens rarely say 1 in 100 cases..
this is why i was enquiring if a return with capital gain wud be transferred out of CPC...
Aparna Raja K.C
(Student)
(520 Points)
Replied 09 July 2011
And what cause difficulty at our end if the same is processed at CPC or anywhere else?
rz's
(TRAINEEE)
(243 Points)
Replied 09 July 2011
well if a return is processed locally there are problems in every aspect...
first thing they take much more time than CPC...secondly there are other aspects which u will realise after u start practicing..
Aparna Raja K.C
(Student)
(520 Points)
Replied 09 July 2011
:P.... well.. am glad enough to say you that i am practicing :)
rz's
(TRAINEEE)
(243 Points)
Replied 09 July 2011
if ur practicing then y did u ask abt the differnce between a processing done at CPC and processing done locally..
rz's
(TRAINEEE)
(243 Points)
Replied 09 July 2011
if the local offices were efficient and smooth running there wudn't be a CPC....
Right???
Aparna Raja K.C
(Student)
(520 Points)
Replied 09 July 2011
Well... is it? dont knw how i went unawre of such stuffs?.. will soon look into it :)
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