Capital gain tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 March 2016
Respected Sir,
I have filed itr 1 in ay 2015-16 income from salary.but sold my residential house on October2016 RS 3000000/-.Can I file itr 2 in 2015-16 again or submit return in ay 2016-17 itr2.kindly suggest.
I have filed itr 1 in ay 2015-16 income from salary.but sold my residential house on October2016 RS 3000000/-.Can I file itr 2 in 2015-16 again or submit return in ay 2016-17 itr2.kindly suggest.
18 March 2016
Dear
Correction it would be OCT. 2015.
Since you sold the house in oct 2015 i.e FY 2015-16 and relevant AY 2016-17.
Hence the capital gain will be taxable in AY 2016-17.
Hence will be shown in ITR filed for AY 2016-17.
Nothing to do with itr of AY 2015-16.
Correction it would be OCT. 2015.
Since you sold the house in oct 2015 i.e FY 2015-16 and relevant AY 2016-17.
Hence the capital gain will be taxable in AY 2016-17.
Hence will be shown in ITR filed for AY 2016-17.
Nothing to do with itr of AY 2015-16.
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 March 2016
Sir,
I have salary income also then I will file itr2 for salary and capital gain tax.
I have salary income also then I will file itr2 for salary and capital gain tax.
18 March 2016
yes you need to file itr 2.
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