I have recieved an amount due to selling of ancestral property, i have given my elder sons share and remaining portion is of mine and my second child who is a minor. i have purchsed a land through bank loan and self finance and returned part of the loan through the money recieved(.) pl let me know how to show the same in ITR
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How t oshow the amount used from capital gain
Replies (1)
if u r filing itr via online mode then there is an option of deduction u/s 54 after capital gain
u have to fill the invested amount or capital gain amount which ever is lower in that column
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