Capital Gain of sold of car

408 views 6 replies

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.

Replies (6)

Not required if personal asset.

Minimum gain

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.

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