Capital introduced

I received 2000000/- rupees agst unregistered land selling
what I show entry in my account or income tax
Replies (3)
Quick Summary
This discussion explores the tax implications of receiving a large sum from an unregistered land sale. The user questions whether to declare it as income, specifically capital gains (LTCG) at 20%, or as 'capital introduced'. Concerns are raised about potential scrutiny from tax authorities, especially since the buyer is likely to declare the transaction, which could appear in SFT reporting and 26AS.

It is income from capital gain LTCG @ 20% will be imposed
If I show in capital introduced what problem I facw
The buyer will definitely show in return. or it will come under SFT in 26AS.

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