SUNIL DUA (Designer) (59 Points)
01 July 2018Someone has sold ancestor property and got 1/4th share and bought new one in return.how to file return and show these transaction to be able to get tds back.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177928 Points)
Replied 01 July 2018
File ITR2 , and declare the details under Schedule CG (Capital Gains)
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 01 July 2018
Get the 1980 value to property be a cetrified valuer, use indexing, get all values, use LTCG under CG column in ITR2 is you dont have any other income like business.
CAclubindia
