Income tax return filling query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2016
Dear All,
I am a salaried person. And i have two inherited land situated in my village and one in city location. I want to disclose it in my Income Tax Return, as my Asset. Whether i can show such asset?? Because i am planning to sell those Land in upcoming future years.
Please guide me.
I am a salaried person. And i have two inherited land situated in my village and one in city location. I want to disclose it in my Income Tax Return, as my Asset. Whether i can show such asset?? Because i am planning to sell those Land in upcoming future years.
Please guide me.
Amol S Joglekar
(Expert)
29 July 2016
No need to disclose the land as such unless your income is more than 50 lakh
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