ACCOUNTANT
25 Points
Posted on 09 June 2017
I have sold my parental agriculture land of ruler area, which is exempted under income tax. Which circle rate is Rs. 9.91 lacs, I have sold the same land in Rs. 4.07 lacs. In which ITR form I have to show this income amount and exemption amount and in which column. Also guide to which amount we should show in ITR form Rs. 9.91 lacs or Rs. 4.07 lacs.