Poonawalla fincorps
Poonawalla fincorps

Ltcg on sale of vacant sites

This query is : Resolved 

31 May 2018 One of my clients had sold 4 of his vacant sites during F.Y 2017-18 and got Capital Gains on each site. He purchased a Residential Property for Rs. 1,50,00,000/- in the same F.Y 2017-18. His total LTCG of Rs. 36,72,000/- (3,43,000+2,60,000+69,000+30,00,000). How to reflect in IT Return i.e., 4 different entries or 1 single entry. Please advice to me and do the needful and oblige.

01 June 2018 accumulated into a single entry would be sufficient.



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