Which itr form applicable
Page no : 2
Dibyendu
(Consultant)
(162 Points)
Replied 12 April 2013
Hi Mr Roshan,
Quick question regarding ITR2.
While selling my car - is this income? Is there any option in ITR1/ITR2 to declare the amount received by selling my car? Please reply.
ROSHAN BHARTIA
(ACCOUNTANT AND CA ARTICLE)
(2250 Points)
Replied 12 April 2013
YES THIS AN INCOME SELLING AN ASSTET IS A CAPITAL GAIN INCOME
U HAVE TO FILE ITR 2 FOR THIS
IF U HAVE BUSINEESS THEN U HAVE FILE ITR-4
IF COMAPANY HAS THIS INCOME IT FILE ALWAYS ITR 6 IT WILL BE SHOWN IN CAPITAL GAIN
Dibyendu
(Consultant)
(162 Points)
Replied 16 April 2013
Thanks.
Want to know in which part of the ITR2, should I specify CAPITAL GAIN INCOME(Selling of asset)?
Dibyendu
(Consultant)
(162 Points)
Replied 18 June 2013
Dear Mr Roshan,
While checking the excel for e-filing, I foung teher are A,B, C, D sections under Schedule CG - Capital Gains in ITR2. I am confused where to enter the details of amount received by selling my CAR.
Could you please let me know. Thanks, Dibyendu
Recent Topics
- Report Swiggy and Zomato Sale in GSTR1
- Form 10IE before due date and ITR filed after due
- BUC SALE
- Seeking Clarification on Tax Implications for Ex-G
- Tax for Advisor service
- HRA EXEMPTION FOR TWO DIFFERENT CITIES
- Bg claim period charges
- TDS deducted u/s 194N but showing as 194NF in 26AS
- Traces - Unable to register
- Partner required for 10 yr old firm on fix basis
Related Threads
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CA Deepak Gupta15 July 2025
CAclubindia
