LTCG return File for the year 2015..16

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  1. sanjukant

    sanjukant New Member

    Sir I am salaried person generally returns file on or before 31 st Jully with form 16.
    Now I sold my NA Plot in Feb. 2016 at Rs 60 Lakh. Partial payment received of Rs 10.0 Lakh while executing Agreement for sale in Feb 2016 Balance is yet to be received.Final Kharedi khat will be done in due course of 60 days.
    I have already booked a residential under construction flat costing 78 Lakh and possession of the flat is in Dec 2017.
    Please let me know urgently that whether i have to return file before 31 st March 2016 for receipt of 10 Lakh in Feb 2016 or it will be with my salaried returns file on or before 31 st Jully with form 16.
    Laxmikant.
     
  2. nllohani

    nllohani Member

    Return of income has to be filed on or before 31st july along with ur salary income ,u have to dislcose ur capital gains income .at present u need to calculate ur capital gains on sale of plot and do the investment.
     
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