My wife Recd INT Rs 35945 - on Enhanced Comp. of land Acquired in 1977-78 by Pb. Govt Org. which is Taxable u/s 56(2)viii
But against which a Dedn.of 50% is allowed u/s 57(iv) in Income Tax on above INT on Comp.
Friends can any Expert Guide me Reg. following.
1. u/which Col of ITR-3 Int. Rs 35945/- on Enhanced Comp is to be shown
2. U/which Col of ITR-3, - 50% Ded Rs 17972/- u/s 57(iv) is to be shown for availing Dedn. pl. advise.
thanks in advance
Menu
Income Tax- 50% Ded on Int.on Enhansed Land Comp.Treatmnt
Replies (2)
Schedule OS column 'Other' fill taxable part.
sir , thanks Further in which Col. 50% Ded claim allowed u/s 57(iv) as above is required to be shown. please guide thanks in advance
Recent Topic
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
- WhatsApp document sharing: Client sends Aadhaar, P
Related Topics
CAclubindia
