I am a salaried person working in a Private firm getting an annual salary around Rs.15 lacs.I have sold my house for Rs.17 lacs and bought one agriculture land for Rs.9 lacs in my name and another agriculture land for Rs.8 lac in my wife name .WHAT IS THE ITR I have to submit ?
In which section I have to show the income got from house sales and in which section I can show the purchase land as expense?
Please guide.
Muthuraj
CAclubindia
