SFT-12 Correcting Amount in 26AS

Tax queries 337 views 2 replies

Sir, 

 1. In 26AS - SFT-12, if the sale of property value is entered wrong by registrar, how could we correct the same.

2. Is this correction to be done before filing return.

3. In ITR-2. where do we mention about the amount received from sale of property and LTCG adjustments.

Replies (2)

1. File your feed back in AIR so that the effect will reflect in TIS.

2. Under Schedule CG, choose option 'land & building'.

Thanks Sir.

1. Hope you are referring to Services > Annual information services (AIS) > update feedback by uploading JSon -  with options like 'Information is not fully correct'.

Should we wait for feedback approval (or) consider the updated sale value in LTCG in ITR.

2. If new house is bought with in 6 month of sale of old, hope no amount need to be invested in CGA scheme

3. If new house is bought on next financial year (with in 6 months of sale) should we select Sec 54 in CG deduction.

4. If part payment of under construction new house is paid (within 6 months) - which is above sale value of old,  in ITR, Sec 54 -  'Cost of new house' - should we mention, Part payment paid (or) total cost of the new house.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details