banner_ad

Income tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 May 2013 Dear Sir

I have sold a agricultural land for Rs.1.5 Lac. Is this 1.5 Lac is to be added to my income while filing the income tax return.

Need your opinion.

Regards
Satish Kumar
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
29 May 2013 Need to compute the capital gain for the sale of Rs.1.50 lakhs and only gain portion need to add to income, not total Rs.1.5 lakhs
Profile Image

Azmathullah Khan

Profile Image

Azmathullah Khan (Expert)
30 May 2013 Yes, you need to show under capital gain
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details