Sir , I have agricultural land , where i have to show this land in itr 3 .and whether the depriciation should be charged on it ? if yes , then in which column? plz guide.
rama krishnan
(12239 Points)
Replied 13 November 2018
unless otherwise it's used for the business purposes there's no necessary to show agricultural land . however you can show it under schedule Al if your total income exceeds 50 lakhs