Section 112(1) Long Term Capital Gain

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....ection 112(1) Long Term Capital Gain<br> Query (Issue) Started By: - CA BALRAM PANDEY Dated:- 16-7-2013 Last Reply Date:- 23-7-2013 Income Tax<br>Got 4 Replies<br>Income Tax<br>Dear All, Please advic....

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....e me, if an individual assessee had only LTCG and no other income, then can he avail the benefit of MPEL (Maximum Permissible Exemption Limit). Thanks & Regards CA Balram Pandey Reply By Jayson Ja....

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....cob Mathew: The Reply: You can avail the benefit of Basic exemption from tax . You will face problem at the time of filing ITR return. Which will show tax liability on Basic exemption limit. You ha....

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....ve to make a representation before the A.O, once you receive a demand notice Reply By CA GOPALJI AGRAWAL: The Reply: But we are not facing any such problem. Reply By Jayson Jacob Mathew: The Reply....

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....: For Ay 2011-12, one of my client had the issue of not getting basic exemption benefit after cpc processing , demand notice came, where I got it corrected thru representation before A.O. Reply By C....

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....A BALRAM PANDEY: The Reply: Thanks for enlarging my knowledge, Hoping your kind advises and support in future too.<br> Discussion Forum - Knowledge Sharing ....