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Income tax return

This query is : Resolved 

16 March 2019 My one of the client compulsory acquisition of rural agriculture land and govt deducted the TDS in Financial Year 2017-18 and he didn't file the return and now he want to file a returns get TDS refund is it possible and can i show in agriculture income please kindly suggest me


17 March 2019 + Income tax return has to be filed since tax is deducted and can be filed now.

+ Not an agrl income per definition. If at all you show it as agrl income, return of
income and form 26AS will not match and dept may rise query.

+ So offer under 'capital gains' (legally wrong) by showing the profit as zero, by
deducting the profit with a description 'claimed as exempted since the land sold
out is rural agricultural land'


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