Regarding Non Decided Land
Prakash Chandra (191 Points)
18 November 2019
how to declare omitted land in itr3 for individual
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(180091 Points)
Replied 18 November 2019
Which Assessment year?
Prakash Chandra
(191 Points)
Replied 18 November 2019
FY 2018-19, but land purchase in 2008, 2009, some father's land transfer in 2013
Kapadia Pravin
(17259 Points)
Replied 19 November 2019
You mean to say in the Balance sheet. Right !
If lands are in individual name as an investment and not a part of business assets (if any) then you may not include in Balance Sheet of ITR3.
But if you included in last year, you have to continue .
For inclusion of omitted land , you can simply file revised return under 139(5) upto 31-3-2020.
If lands are in individual name as an investment and not a part of business assets (if any) then you may not include in Balance Sheet of ITR3.
But if you included in last year, you have to continue .
For inclusion of omitted land , you can simply file revised return under 139(5) upto 31-3-2020.
Recent Topics
- Doubt in ITR Filing
- DRC 03 for delayed RCM Payment
- Declaration about Legal Metrology Act
- Intermediary services under GST - SGST CGST IGST
- CSR thru implementing agency
- ETax payment of Revised return
- US based NRI Taxation on endowment plan taken in I
- Is it necessary to fill HSN code in GSTR 1, is the
- Pf advance withdrawal limit
- AOC4 & CFS,STANDALONE
Related Threads
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
