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Filling of itr-v

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(Querist)
26 June 2015 Please guiding to me filling of ITR an assessee finance a vehicle Rs.30 Lakhs and what gross income are show in ITR and Turnover.
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Soumitra Basu

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Soumitra Basu (Expert)
30 June 2015 IF IT IS HIRE PURCHASE OR OPERATING LEASE THEN THE ENTIRE RENTAL INCOME. IF IT IS FINANCE LEASE THEN ONLY THE INTEREST PORTION.

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