14 January 2016
Where to disclose profit on sale of rural agricultural land in case of ITR -2 of HUF. Should we show it under exempted income or it does not require disclosure as it is not a capital asset.
14 January 2016
In my view it does not require any disclosure. No such detail is required to be filled in the ITR in the absence of any such item in the prescribed return.
CAclubindia
