I am doing finance business i like to file income tax butr i have one problem last year i have sold a land to one trust but the land does not belong to me i have only power and while sold the land i have got the amount and paid to party who give power to me (i.e. I give loan to him he does not pay the interest and i got power on his loan and sold the land to trust they gave cheque in my name and i pay the balance amount to the peroson who give power from by bank account through cash withdraw ) i want to know i want to show land sale and profit on sale of land in my income tax return or not
CAclubindia
