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krunal (owner)     12 January 2017

Property in legal question is income tax asset to do shown?

hello sir,

i have a small piece of land in legal dispute with les pendey in 7/12 mentiod .i have a query wheni filed income tax it is show in asset land i owned and it goverment value ,i want to ask if land is in legal legistation then in income tax asset we can show as asset or not .if i dont show my land as asset in income tax since it in legal dispute is it a problem in future to me .i am filling income tax so i dont knw what to do to show or not ????? 



Learning

 1 Replies

adv.bharat @ PUNE (Lawyer)     12 January 2017

Yes show it since you are paying it.


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