Dear,
If profit on sale of rural agriculture land then where to show such figure in ITR . and only profit I need to show or gross amount I need to disclose in ITR.
Gains from sale of RURAL agricultural land can be shown in Schedule 'EI' 'Exempt Income'
File ITR, pay legitimate tax, and claim additional amount of TDS deducted as refund....
Depends upon other income/s.
But if no business related activity...... File ITR 2.
If sale value is below 50 Lakhs, file ITR1.... otherwise file ITR2..
Good Luck ......
SSGS and Associates
Chennai
CA Inter
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