Advance recd in one FY but actual transaction in succeeding FY
While filling ITR-2 for FY 2020-21;
How to report Advance Received in FY 2020-21 against property actually sold in in FY 2021-22
Vinod Kapoor (Taxpayer) (112 Points)
27 July 2021Advance recd in one FY but actual transaction in succeeding FY
While filling ITR-2 for FY 2020-21;
How to report Advance Received in FY 2020-21 against property actually sold in in FY 2021-22
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 27 July 2021
Vinod Kapoor
(Taxpayer)
(112 Points)
Replied 27 July 2021
ITR - 2 is being filled for FY 2020-21.
How and where to report the figure of Advance Received in FY 2020-21 against property actually sold in in FY 2021-22 ?
Nidhi
(Chief Accountant)
(3150 Points)
Replied 29 July 2021
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961