banner_ad

Capital gain under income tax

Tax queries 369 views 1 replies

Dear Sir, I have a question regarding the financial year 2017-18. i sold a property in 2017-18 and failed to include the details of my capital assets (immovable assets) in my income tax return also have not filed the income tax return for FY 17-18. However, I am aware that there is a grace period of 3 years to report capital assets details in the third year after the assets have been sold. I would like to know if it is possible for me to file or submit the capital gain details relating to FY 17-18 in ITRV of  FY 20-21 under ITRV-U.

Request you to guide me.

Replies (1)

if the relevant assessment year for FY 2017-18 has passed, filing a belated or revised return for that specific year might not be possible. It's recommended to consult with a tax professional to get personalized advice based on your specific situation


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

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

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details