How to show house property in itr


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Querist : Anonymous

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Querist : Anonymous (Querist)
06 October 2017 Deal all,

My query is regarding that how should I show a house property that was purchased by the assessee in 2011 and he has never filed his income tax return.
The assessee is transport commission agent and he wants to file income tax return and also want to disclose the house property in his return and balance sheet.
Kindly suggest me the treatment for the same as how should I show the house property in the balance sheet.


06 October 2017 File ITR-3 & fill balance sheet. There you can give details of your properties & liabilities also.


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