banner_ad

REGARDING FIXED ASSEST SALE

Others 227 views 2 replies
ONE FLAT PURCHASE F.Y.2014-15 BUT NOT SHOW IN ASSET NOW SALE THIS FLAT AND PAYMENT RECIVE IN BANK SO HOW TO SHOW IN ITR NOW.
Replies (2)
@ kamalesh when. the asset was purchased in whose name it was purchased.
As evident has the property tax been paid .
The fact is you have not shown flat purchase during FY 2014+2015.

Despite this fact you will have to show LTCG arising on sale consideration of flat as reduced by indexed value of cost of acquisition.
------
Obviously property owner will pay property tax to safeguard his property.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details