Itr declaration of income

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student
664 Points Posted on 25 March 2018

doubt 

I sold a flat 2 years back. Sale value was transferred in my bank account. But since i did not update kyc documents in that account, its freezed.

Now i am filing return for a.y.16-17. do i need to show the sale?

i just have  salary income and some fds. (Note the purchaser is his brother who did not show such addition in his assets)

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On 25 March 2018 at 01:24 Report
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INCOME TAX OFFICER
911 Points Posted on 25 March 2018
yes you have to show... compute ltcg or stcg and declare it in itr
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On 25 March 2018 at 07:12
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Chartered Accountant
69 Points Posted on 25 March 2018
it is not on your hand that buyer has shown or not the addition of asset.
it's your liability to show sale of asset in your ITR.

compute capital gain and show it in your return.
it does not matter that your account is freezed.
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On 25 March 2018 at 10:52

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