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by siddharthr
Wed Sep 05, 2018 3:05 pm
Forum: Community Lounge
Topic: IT Return - Include Old purchases in assets ?
Replies: -1
Views: 5

IT Return - Include Old purchases in assets ?

[QUOTE=post_r2i06;680180]For personal income tax - Assets should include real estate, automobiles(cars, 2wheelers, boats, planes), jewellery(gold, silver, diamond, platinum), paintings(arts),shares, fixed deposits, Life insurance policies. Computer, mobile, cloths,furniture etc need not be ...
by siddharthr
Mon Sep 03, 2018 12:34 am
Forum: Community Lounge
Topic: IT Return - Include Old purchases in assets ?
Replies: -1
Views: 5

IT Return - Include Old purchases in assets ?

While filing for return (India), I would like to ask how appropriate it is to include purchases made 2-4 years back in assets column while filing.

Eample: Mobile purchase 3years back, Computer purchased 2 years back etc etc...

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