10 August 2020
I.t.return(non audited) filed person sales of vacant site value Rs:3,50,000/- Dt:20-03-2020 in f.y.2019-2020. Question: 1.Assess sales of vacant site rs:3,50,000/- shown in I.t. return compulsory and capital gains applicable or not applicable 2. Assess mistake purchases of vacant site rs:1,70,000/- in f.y 2012-2013 not shown in balance sheet( not entered in books).
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