TAX ON SALE OF PROPERTY

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..... TAX ON SALE OF PROPERTY
Query (Issue) Started By: - pradeep kumar l Dated:- 17-4-2018 Last Reply Date:- 24-7-2018 Income Tax
Got 1 Reply
Income Tax
Sir, In AY 2015-16, I have paid income .....

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..... tax for the receipt of share of amount against sale of property. Part of the amount was credited in my Bank account only in 2016-17 (in April 2015). Now in my ITR for AY 2016-17, there is a query for .....

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..... the amount credited in the bank account. Shall I reply that this is the amount received as against the transaction shown in my ITR for AY 2015-16 and tax has been paid for that transaction? Reply By .....

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..... DR.MARIAPPAN GOVINDARAJAN: The Reply: Yes. You may reply with documentary evidences and calculations for the year in which you have paid tax in full.
Discussion Forum - Knowledge Sharing .....

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