Last year I sold my car at 11 Lakh which purchased at 12 Lakhs rupee and got payment in my bank account but it is not showing on my AIS do I need to fill ITR2 and show as captial gain or loss or not required.
Last year I sold my car at 11 Lakh which purchased at 12 Lakhs rupee and got payment in my bank account but it is not showing on my AIS do I need to fill ITR2 and show as captial gain or loss or not required.
Not required if personal asset.
I need to show in my ltr or no need for same ?
If any business asset, need to declare.
I am a salary person not doing Bussiness but amount is above 10laks so I was thinking that I need to show in itr ?
No. Not needed for personal asset.
CAclubindia
