Amit Mehra (Service) (28 Points)
24 August 2018Dear Sir: I have purchased a property using capital gain of property which I sold 2 year back. I have shown capital gain in ITR2 when I sold property. Which ITR form should I use now and how to show this in return if required?
CA Bhavik Soni
(867 Points)
Replied 24 August 2018
Amit Mehra
(Service)
(28 Points)
Replied 26 August 2018
I have purchased a property (second sale flat) in 2017-18 using capital gain of property (independent house) which I sold 2 year back 2015-16. I have put the gain 60lacks in capital gain account in SBI when I sold property and have shown capital gain under sec54 in ITR2. Which ITR form should I use now for FY 2017-18 return and how to show this in return if required?
CAclubindia
