banner_ad

Which itr for for salary + sell of old house + new house buy

ITR 344 views 3 replies

Hi Gurus -

I am salaried person and used to do filing in ITR1 so far. Last year in Aug 2014 I sold my flat brought in 2007 in construction and possession given on 2012. Amount of sell proceedings have used to buy new house in Nov 2014.

Further, I have negative capital gain if I calculate indexed purchase price to calculate capital gains (- 5 Lacs).

Q.1 Which ITR form shall I use - ITR 2A or ?

Q2. How can I calim TDS amount paid ( buy or sell not clear).

Thanks and appreciate your help.

Sanjeev

Replies (3)

Return under ITR 2, (not 2A)

Didn't understand second query.

@ Rashi - Thanks for Reply Govt has notified form 2A which will not be used for my case.

Hello @ Sanjeev Ji

 

ITR 2A can be used by an Individual or HUF whose total income for the assessment year 2015-16 includes:-

  • Income from Salary/ Pension, or
  • Income from House Property, or
  • Income from Other Sources (incl. Income from Winning from Lotteries and Race Horses)

 

Who cannot use ITR 2A

ITR 2A cannot be used by an Individual or HUF whose total income for the assessment year 2015-16 includes:-

  • Income from Capital Gains, or
  • Income from Business or Profession, or
  • Any claim of relief/deduction under Section 90, 90A or 91, or
  • Any resident having any asset (including financial interest in any entity) located outside India or signing authority located outside India, or
  • Any Resident having Income from any source outside India


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details