Dear members .Pl help me.
I bought a flat from an NRI . in the accnting year 16-17. Paid TDS / filed & obtained 16 a also. I bought the new flat for more than the capital gain.
Now I want to file for returns. I filed the e file it shows the refund of what I paid the TDS. I have filed the capital gain under 54F. Is this correct.
PL help.
vijayakumar
Sir, thank you , thank you very much for the immediate reply.
True To expnd the details - I bought the plot for ~ 5 lacs in 2007. , sold in jul 2016 for 39.5 lac. ( The cost index ~2.04 = cost of purchase ~10 lac. thus the long term gain ~28.5 lac. I bought flat for 41.5 lac. putting the balance from my saving. Out of 41.5 lac i paid 8.5 lac as TDS to NRI , got the form 16A also..
Now how should I fill these in the ITR 2 FILE FOR THE ACCOUNTING YEAR 16-17.or I need noot file these info?
Pl help me.
Best Regards,
vijayakumar
CAclubindia
