hi my name asha i need to know one thing my father sold agriculture land in 2016/17 , but we received the amount on 2017/18 November full amount 1 crore and my fahter as not paid itr return yet .now my father as distributed amount 2000000/- to me i should be taxed now and will it create any problem to me because my father not paid tax ,
can one one help me in this soon please
but still my father as not filed itr na 2017/18 so it wont effect for me if i take as gift deed
i have one confuse ,sale was happened in 2016/17 that time amount not given .
in 2017/18 full amount was given and itr also not filed but tds as been deducted
as of now we standing in 2018/19 for this also itr not filed still time their .
in this situation if i file itr is it excepted or not
or esle pls suggest me any idea their this is the only source for us
pls tell me what i should do now if i file 2017/18 itr is it excepted or chargeable
or else with out filing if i take amount through cheque through gift deed and tds will be deducted ,me individually can be filed na from my end or else any other way i can avoid itr
suppose if my father file itr now for 2017/18 is it full excepted or not ,since all amount in his account only .. or else if any other suggestion pls guide me
thanks for ur suggestion if i required more information how can i get touch with you pls could provide mobile or mail address so that it ill be easy for me
sir if i invest on land now before 31 march
sir if i once start filling itr weather i have income or not every year i should file
CAclubindia
