Refund of TDS under 194LA
Shree Babu (70 Points)
26 July 2019
Which ITR Should file if a person has no job and business his land is acquired under 194LA @ 10% .
3 Replies
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 27 July 2019
1. In the case of compulsory acquisition of immovable property, the same will be subject to tax u/s 45(5).
2. Hence gain or loss under the above transaction will be charged under the head Capital gains.
3. As explained in the above comment the relevant ITR would be ITR-2.
Please correct me if the above solution has an alternative view.
Recent Topics
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
Related Threads
CAclubindia
