Capital gain

This query is : Resolved

R.SUNDARESAN (Querist)
Follow

26 July 2019
Sir, my client entered into an agreement for sale of property. The buyer as paid advance amount in the month of February,2019 and the sale is not yet concluded till this day. (26/7/19). The buyer deducted tax u/s. 194IA and remitted the same to income-tax. There is no provision made in the return form to disclose the above transaction. I require to file the return before this month end, as assessee is going out of country . Kindly suggest the how to show this transaction. Thanks and regards

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

31 May 2020 I think you need to show this in ITR for the previous year as TDS is deducted and part payment is also received.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

R M Shekhaliya

Amit Goyal

SHRI HARIRAO

Frank

Pushkar Nagda

Subscribe Now

Capital gain

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANT

CA Final

GST CONSULTANCY

Accountant

Senior Executive