Show capital gain details (out of sold flat) in F.Y. 2021-22 in the next A.Y.2023-24
This query is : Resolved
11 August 2022
My client will submit his return of income for the A.Y. 2022-23 shortly per u/s 139(4). Can he revise said return u/s 139(5) later? He sold his house property on 19.04.2021 (F.Y.2021-22) and to save tax, the capital gain amount invested in NHAI 100%. Can he furnish his said transaction details in ITR for the next A.Y. 2023-24?. Regards, Limpa Chakraborty
11 August 2022
Kindly send me your valuable reply. Regards, Limpa Chakraborty
11 August 2022
1. Yes, it can be revised now.
2. No. The transaction should be declared in AY 2022-23.
2. No. The transaction should be declared in AY 2022-23.
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