28 June 2022
Dear experts One of my whose total income 9 lacs . After considered the necessary exemption value and deduction value the taxable come to 135000.00. In this same financial year he had purchased a property and paid 2lacs . So my question is 1) Can it exempted from income , so that the taxable value become zero ? 2) If it exempted then Where I'll show in ITR 1?
CAclubindia
