example:
a person purchase of agriculture land value rs:25 lacs in f.y.18-19 payment through on cash mode.if a person sales of agriculture land rs:30 lacs in f.y.21-22.
question:
1.purchases of agriculture land not show in books and it returns in f.y.18-19.
2.sales of agriculture land value rs:30 lacs show in books and it returns in f.y.21-22.
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It query for sale of agriculture land
Replies (2)
Quick Summary
IF THE SALE IS THROUGH BANKING MODE, BETTER TO DECLARE IT IN ITR...
Declare it in itr (other than cash mode)
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