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Itr 2 - sale of 2 non - agricultural lands sepereately

ITR 176 views 4 replies

Hi Experts,

My friend has purchased and sold 2 sites in bangalore in the same financial year 2015-2016. is it required to show seperately the cost of acquisition and  full value of consideration received or we can consolidate both the sites values in the cost of acquistion and sale value in CG sheet. I did not find the multiple rows in the CG sheet to show capital gain on sale of couple of sites

thanks in advance

Kind regards

Prashanth

Replies (4)

You can combine them, provide both are of same catagory.

no problem you can combine as bothare on same dates

thanks a lot to both of you for  quick reply

Kind regards 

Prashanth

thanks a lot to both of you for  quick reply

Kind regards 

Prashanth


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