Sold residential property in November 2018 means the same was held for eight months in FY 2018-19.
Is it necessary to to mention in ITR AY 2019-20 under Sch HP letable value for 8M?
ps. the assessee own more than one properly.
If yes, do we have to mention details (address etc.) in Sch HP
thanks & regards
2 Replies
Om Goyal
(445 Points)
Replied 25 June 2019
yes further prop sale is reqd to be shown as sale in ay 19-20 , then after 1 self occupied house, other Prp is reqd to be shown as deemed let out Prp,in at 19-20 (2 prop exempted in Ay 20-21), 2 prp u might be showing deemed rental earlier also, then how u disguise
Nostradamus !!
(154 Points)
Replied 25 June 2019
thanks
No doubt LTCG to be mentioned in Sch CG even tho the sold property doesn't exist on 31-03-19 have to mention as additional property?
No doubt LTCG to be mentioned in Sch CG even tho the sold property doesn't exist on 31-03-19 have to mention as additional property?
Recent Topics
- Why is trump musk trending
- Startup company
- Recent HSN Changes - B2B and B2C
- New ITR FORMS 1 AND 4
- Changes in Form 15G and 15H, if any?
- Is Exam / Certification fee of directors allowed a
- Converting a Partner to Nominal Partner – Ze
- GST on labour charges in respect of manufacturing
- AIS not able to access
- GST Input Related Query for Cab Services
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
