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LTCG reversed to STCG how to fill ITR2, Income Tax

Issue Id: - 111945
Dated: 21-5-2017
By:- icarus p

LTCG reversed to STCG how to fill ITR2


  • Contents

Hi all,

i had sold my house in 2013 the proceeds of which i had invested in new flat in same FY. however i had to sell it in july 2015. I have paid advance taxes on STCG. now my question is how do i show STCG in ITR2

Full value of consideration received/receivable HERE DO I HAVE TO INPUT AGREEMENT VALUE OF SALE NEW HOUSE

Value of property as per stamp valuation authority WHAT DO I INPUT HERE

Full value of consideration adopted as per section 50C for the purpose of Capital Gains (ai or aii) WHAT TO INPUT HERE

Cost of acquisition without indexation WHAT TO INPUT

 

Cost of Improvement without indexation WHAT TO INPUT HERE

Balance (aiii – biv) THIS FIGURE I AM AWARE OF

so can i input agreement value in full value of consideration lets say 100000

and to arrive at Balance (aiii – biv) which i am aware as say 50000

can i input Cost of acquisition without indexation 50000 here to arrive ar Balance figure?

thanks

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