Capital gain.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 December 2015
i have sold rural agriculture land situated in sikriganj gorakhpur uttar pradesh for Rs. 88 lacs.
the value disclosed in agreement copy is 70 lacs.
whether i have to file itr & pay tax.?
pls provide calculation , which itr to file
the value disclosed in agreement copy is 70 lacs.
whether i have to file itr & pay tax.?
pls provide calculation , which itr to file
05 December 2015
Capital gain on Sale of rural agricultural land is exempted from income tax.
For the difference in value 18 lacs you can treat it income from other sources and file return and pay taxes. File ITR 2.
For the difference in value 18 lacs you can treat it income from other sources and file return and pay taxes. File ITR 2.
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