Multiple property transactions in the same financial year

Hyderabad Propertiez (Proprietor) (28 Points)

26 October 2012  

Hi forum members

I am in the real estate business and I would like to know that if I buy and sell more than one property in the same financial year, do I need to file tax separately for each time I sold a property?

I have not yet filed my tax as this is my first year in business. Hope you guys can answer my query, thanks in advance