myself sunil jain i had purchased a sick industrial unit in 2003 from high court liquidator auction with land ,building and machinery .there were three industrial plots in the industrial unit i have taken a valuation letter from the office of the liquidator for the valuation of the plots .
now i sold the three plots in year 2012,2013 so the income i gain is capital gain according to the income tax rules and by that i also recieved a letter from income tax department to submit the advance tax according to capital gain index .
last month an income tax survey is done under sec 133 A ,my lawyer had done a mistake in ITR ,he shown that three plots in trading account in year 2007-08 so the income tax department is arguing with me to deposit income tax according to trading a/c so please help me to what to do for this...?
