Income from selling car

If the car is depreciable asset then it will come under Short Term Capital Gain other than STCG u/s 111A.

In case no depreciation is charged on that car, it will be taxable under Long term Capital Gain

Sir its depend on the nature of use of the car

If its used for business purpose than only it is taxable

and if its used for  personal purpose than no tax can be charged as all movable goods with personal effect are exempted

Correct me if i m wrong

Yes tha car was used for busness purpose,

Could you please check the attached doc and let me know wheter this is the correct place in ITR2 form.

Sorry dibyendu your attachment is not visible.

attached once again.

attached

Dear Dibyendu,

This car was used for the purpose of business & profession and ITR-4 is applicabel for income from business & profession instead of ITR-2