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" IT DEPARTMENT BLAMES ON SALARIED EMPLOYEES FROM A.Y 2014-15 "

" IT DEPARTMENT BLAMES ON SALARIED EMPLOYEES FROM A.Y 2014-15 "...


" CBDT ON SALARIED EMPLOYEES : FROM A.Y 2014 -2015 , FAILURE TO DISCLOSE CAPITAL GAIN ON TRANSFER OF CAPITAL ASSETS / IMMOVABLE PROPERTY ( LAND, BUILDING, FLAT, SHARE , MUTUAL FUND, BOND etc IF ANY , OTHERWISE NOT ) MAY ATTRACT PENALTY ON AD HOC BASIS ".

CAPITAL GAIN ARISES ON TRANSFER OF ANY CAPITAL ASSETS ARE REQUIRE TO BE DISCLOSE IN ORDER TO MAINTAIN THEIR TRUE & FAIR VALUE OF INCOME FROM A.Y 2014-2015 ( IF ANY , OTHERWISE NOT ) ,AND THEY CAN ALSO CLAIM EXEMPTIONS UNDER SECTION 54 OF IT ACT , 1961 AND FAILURE OF WHICH MAY ATTRACT PENAL PROVISION ..

SO, advised to all the members over here to disclose their true income & pay tax accordingly ..





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" IT DEPARTMENT BLAMES ON SALARIED EMPLOYEES FROM A.Y 2014-15 " " IT DEPARTMENT BLAMES ON SALARIED EMPLOYEES FROM A.Y 2014-15 " Reviewed by Unknown on 1:06:00 PM Rating: 5

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