Voluntary disclosure of assets in itr
This query is : Resolved
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.
Thanks in advance.
CA R SEETHARAMAN
(Expert)
31 August 2018
Use ITR 2 disclose in last schedule of assets and liabilities.
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
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
(Expert)
31 August 2018
File ITR 4............
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