In case if a person being individual has income from captial gain or loss, whatever the amount of gain/Loss whether Long term or short term, is mandatory for him to file his ITR?
Even if captial gain is under basic exemption limit ?
Menu
Return filing mandatory or not
Replies (2)
Not mandatory, you are not required to file ITR
if GTI is greater than basic exemption before giving effect of sec 10(38) then return filing is compulsory
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
