Capital Gain in ITR

Please guide how to show long term capital Gain entry in ITR .

I have sale Land plot in Rs 880000 in F.y. 2023-24 and Purchase the Land plot for Rs 12000 F.y 2000-2001 and construction cost Rs 150000 in F.y. 2023-24.

So in ITR how to show construction cost.
Replies (3)
Quick Summary
This discussion provides guidance on how to correctly report a long-term capital gain from the sale of a land plot in your Income Tax Return (ITR). It addresses how to calculate the gain by considering the sale price, original purchase price, and crucially, how to include construction costs as part of the 'cost of improvement' when filing.

It will come under cost of improvement.

In the cost of improvement

The cost of improvement is seperate.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details