Last year I sold my car at 11 Lakh which purchased at 12 Lakhs rupee and got payment in my bank account but it is not showing on my AIS do I need to fill ITR2 and show as captial gain or loss or not required.
6 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 28 July 2024
Not required if personal asset.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 30 July 2024
If any business asset, need to declare.
Rahul Seth
(It )
(30 Points)
Replied 30 July 2024
I am a salary person not doing Bussiness but amount is above 10laks so I was thinking that I need to show in itr ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 30 July 2024
No. Not needed for personal asset.
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