21 July 2020
Respected sir, I receive rent on on factory, ( less than 5 lac ). The TDS is also shown & filed. I have no other income. Last accounting year I filed in ITR FORM 2. In MARCH 2020 I had sold a plot & had LTCG for 39 lac . I had already paid the taxes for the same . Now I could not fill ITR 1 ( in other sources of income ) as I have to fill LTCG.I could not fill ITR 2 as it takes AMT - UNDER SEC 115J or the income is less than 50 lac. For ITR 3 - I am not running a business etc , & how do I fill it/ Pl guide me sir.
25 July 2020
You need to file ITR-2, and the AMT provisions wouldn't be applicable to you as well unless you have some specific deductions.
You could contact to the following id, I could help you out with the filing of return.
caankithjain@gmail.com
CAclubindia
