Easy Office
LCI Learning

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links