Which ITR and how to fill

This query is : Resolved 

Quick Summary
If you have salary income and have sold a plot of land realising a capital gain, you will need to file ITR 2. You should declare the capital gains in Schedule CG and claim an exemption under Section 54EC of the Income Tax Act, provided you have invested the gains in eligible capital gains bonds.

08 July 2024 I have income from salary (government service). I have sold one plot in January 2024 and capital gain of 41 lakh invested in capital gain bonds in July 2024. Which ITR, I need to fill and how to show it

08 July 2024 File ITR 2. Declare the Capital gains in Schedule CG. Claim exemption u/s. 54EC IT act. (provided you have invested in said bonds)

26 August 2024 Good luck.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details