Ltcg reversed to stcg how to fill itr2 - income tax

160 views 1 replies
Hi all, i had sold my house in 2013 the proceeds of which i had invested in new flat in same FY. however i had to sell it in july 2015. I have paid advance taxes on STCG. now my question is how do i show STCG in ITR2 Full value of consideration received/receivable HERE DO I HAVE TO INPUT AGREEMENT VALUE OF SALE NEW HOUSE Value of property as per stamp valuation authority WHAT DO I INPUT HERE Full value of consideration adopted as per section 50C for the purpose of Capital Gains (ai or aii) WHAT TO INPUT HERE Cost of acquisition without indexation WHAT TO INPUT Cost of Improvement without indexation WHAT TO INPUT HERE Balance (aiii – biv) THIS FIGURE I AM AWARE OF so can i input agreement value in full value of consideration lets say 100000 and to arrive at Balance (aiii – biv) which i am aware as say 50000 can i input Cost of acquisition without indexation 50000 here to arrive ar Balance figure? thanks
Replies (1)
since the sale proceeds of house property sold during 2013 is invested in the same year on another house property and the same was sold on 2015 within 3 years, pls clarify whether you have claimed deduction on capital gains earned on sale of property during 2013


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register