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)
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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