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Income tax return filling query

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2016 Dear All,

I am a salaried person. And i have two inherited land situated in my village and one in city location. I want to disclose it in my Income Tax Return, as my Asset. Whether i can show such asset?? Because i am planning to sell those Land in upcoming future years.

Please guide me.

29 July 2016 No need to disclose the land as such unless your income is more than 50 lakh



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