CA Nikhil Sir,
I have below source of income:
Partnership firm remuneration = 30000
Income and income from F&O = 35085 (on turnover of 337200).
Can I file ITR 3 with no account case and show partnership income in schedule BP Section A-24?
One more question - I received share of 5 lac from sale of inherited property. Total sale value of property is 15 lac (cost of acquisition 3 lac). How to show this in schedule CG? What should be full value of consideration - 5 lac or 15 lac? What should be cost of acquisition - 3 lac or 1 lac on prorated basis?
Thanks in advance.
I have below source of income:
Partnership firm remuneration = 30000
Income and income from F&O = 35085 (on turnover of 337200).
Can I file ITR 3 with no account case and show partnership income in schedule BP Section A-24?
One more question - I received share of 5 lac from sale of inherited property. Total sale value of property is 15 lac (cost of acquisition 3 lac). How to show this in schedule CG? What should be full value of consideration - 5 lac or 15 lac? What should be cost of acquisition - 3 lac or 1 lac on prorated basis?
Thanks in advance.