housewife sold the ancestral property for 60 lac
bought another for 90 lacs
*** so far not filed any return
the buyer of 60 lac worth property deducted tax @ 1%
Now the " housewife " wants to get refund by filing the return.
advise..
bujjulu (e-TDS + IT return filer Hyderabad) (731 Points)
12 July 2023housewife sold the ancestral property for 60 lac
bought another for 90 lacs
*** so far not filed any return
the buyer of 60 lac worth property deducted tax @ 1%
Now the " housewife " wants to get refund by filing the return.
advise..
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 12 July 2023
File ITR 2 and declare the gain under Schedule CG... Claim the exemption u/s. 54 IT act...