26 July 2017
Sir Please answer my query . I am a new contractor indulged in construction of row houses . My construction of row house was completed in the month of June 2016, which was started in April 2015, but the sale of the row house was made in June 2017. So while filing the returns for the year f.y. 2016-17 should I show work in progress , as the sale is not made this year ? Please advice. Thank you