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naveen wadhwa

Naveen Wadhwa

Individuals are rushing to file Income Tax Returns (ITRs) for the financial year 2018-19 as August 31 deadline (after one-month extension given by the CBDT) nears.

Income tax return filing: What you must know about capital gains from the stock market

by Naveen Wadhwa |Aug 9, 2019

Income from capital gains can be reported in Form ITR-2 or ITR-3. As every transaction in securities is unique, gains or losses arising from such transaction should be reported separately or in ag...

An owner of a house property can use his property for any purpose. He may use it for his own residence or for residence of his family members. He may also use it for his business or profession or give it on rent.

How to compute income from self-occupied and let-out house property

by Dipen Mittal |Aug 7, 2019

The option of 'deemed let out' shall be selected in respect of that house property which has not been claimed as self-occupied by the assessee.