Include in itr or not

ITR 506 views 1 replies

for a Proprietrix, doing catering service / business, is having a own house in her name. Till last year itr filing, the house property ( self occupied) is not shown in balance sheet.

Is there any necessary to show that house in itr 4, if yes means under what head ( under Fixed assets?) and shall i show this non-depreiable house property along with depreciable property?. then where can i show in schedule.

any body can explain?

thanks a lot

Nagarajan

Replies (1)
residential house use for own residence purpose..so that fixed assets non depricable assets..but that assets required to show in ITR under fixed assets head on which no dep. is claimed..so that property include in fixed assets head only..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details