Where to take sale proceeds of Ancestral Agriculture land in ITR-4 of my assessee?
Itr-4 where to take sale proceed ancestral agriculture land?
Akshay (Taxation) (514 Points)
29 August 2011
CA Mukul Mittal
(CA in practice)
(384 Points)
Replied 29 August 2011
it is not clear whether ur client had the property under purview of cap. gains.......if yes, show it in cap gains calculation and if not, show it in Part- B total income point 13..........
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