Capitan gain
This query is : Resolved
19 July 2012
Hi
I have purchased flat in year 2005 @5 lakh and now i sold it in jan 2012 for Rs. 12 lakh
But after selling this flat i have purchased another flat @23 lakh so do i have to mention this in my income tax return file under capital gains.
If yes the i have to use ITR-2 form
Regards,
Deepak Mhatre
9819112665
I have purchased flat in year 2005 @5 lakh and now i sold it in jan 2012 for Rs. 12 lakh
But after selling this flat i have purchased another flat @23 lakh so do i have to mention this in my income tax return file under capital gains.
If yes the i have to use ITR-2 form
Regards,
Deepak Mhatre
9819112665
19 July 2012
Yes you have to show the capital gains and related exemption under the Schedule of Capital Gain by using ITR 2.
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