banner_ad

Whether cancellation of agreement to sell a land is to be re

This query is : Open 
Profile Image

Profile Image

(Querist)
12 May 2018 Whether cancellation of agreement to sell a land in the year 2010-11 is to be reported while filing return of income u/s 148 of the income tax act. If it has to be reported than in which column it is to be reported? There is no profit or loss in that. We have refunded full biana to the buyer.
Profile Image

C.A. Umeshkumar Acharya

Profile Image

C.A. Umeshkumar Acharya (Expert)
12 May 2018 No such reporting is required while filing return u/s 148. On the other hand after filing return under 148, you may
demand the reasons for issue of notice u/s 148 .
Profile Image

Legal Assistance

Profile Image

Legal Assistance (Querist)
12 May 2018 can we challenge reasons for issue of notice u/s 148 before CIT appeal or somebody else
Profile Image

C.A. Umeshkumar Acharya

Profile Image

C.A. Umeshkumar Acharya (Expert)
14 May 2018 The matter depends upom fact of case, and reasons for 148 without factual details no comment on the mattter.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
26 April 2026
Chartered Accountant

Source HR

Mumbai

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details