{"id":39677,"date":"2024-03-02T13:42:41","date_gmt":"2024-03-02T08:12:41","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=39677"},"modified":"2024-03-05T06:34:49","modified_gmt":"2024-03-05T01:04:49","slug":"a-rural-agricultural-land-has-been-sold-in-ay-2016-17-for-60-lakhs","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/a-rural-agricultural-land-has-been-sold-in-ay-2016-17-for-60-lakhs\/","title":{"rendered":"A Rural agricultural land has been sold in AY 2016-17 for 60 lakhs"},"content":{"rendered":"<p>Sir,<\/p>\n<p>A Rural agricultural land has been sold in AY 2016-17 for 60lakhs for which consideration received in cash and the same is deposited into seller bank ac. Now received a notice from IT regarding the above cash deposit.<\/p>\n<p>in reply to IT :<\/p>\n<p>If i mention, the cash deposit of\u00a0 60L pertains to\u00a0 receipt of cash for sale consideration, do it attract any negative impact or any disallowance or u\/s 269s\/st ?<\/p>\n<p>I request you to please give me any suggestion.<\/p>\n<p>thanks,<\/p>\n<p>Shravan<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[22],"qa_category":[23],"qa_tag":[1183,1184,77,149],"class_list":["post-39677","qa","type-qa","status-publish","hentry","qa_expert-advocate-neelam-jadhav","qa_category-income-tax","qa_tag-a-rural-agricultural-land","qa_tag-cash-deposited","qa_tag-disallowance","qa_tag-penalty"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/39677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=39677"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39677"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=39677"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=39677"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=39677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}