Income Tax- 50% Ded on Int.on Enhansed Land Comp.Treatmnt

226 views 2 replies
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
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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register