housewife sold the ancestral property for 60 lac
bought another for 90 lacs
*** so far not filed any return
the buyer of 60 lac worth property deducted tax @ 1%
Now the " housewife " wants to get refund by filing the return.
advise..
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Housewife sold ancestral property for 60 lac bought 63 lac
Replies (2)
File ITR 2 and declare the gain under Schedule CG... Claim the exemption u/s. 54 IT act...
Avail exemption and file itr
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