Voluntary disclosure of assets in itr

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CA Venkata Koteswararao Mogali (Querist)
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31 August 2018 My friend earns salary 6 lakhs p.a. He received assets worth 2 cr from parents for his marriage in 2010. Though he don'n have requirement to disclose assets in ITR, still he voluntary want to disclose all his assets. Can he do so? if yes in which ITR?

Thanks in advance.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 August 2018 Use ITR 2 disclose in last schedule of assets and liabilities.

CA Venkata Koteswararao Mogali

CA Venkata Koteswararao Mogali (Querist)
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31 August 2018 In the same way, i have a glossary shop and file return as presumptive income every year.

Can i disclose my assets voluntary showing my income on presumptive income?

If yes which ITR?

And if no, how shall i disclose my assets and income

- please suggest

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 August 2018 File ITR 4............

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