Hi, since you have received the entire consideration and purchase was also done by you, you can show the gains in your ITR itself. There may be a query from the Income Tax department in future regarding sale value shown in ITR of your sons however is not included as gains. In that case, you can justify by quoting your PAN number that entire value is duly taken into account (Chartered Accountant handling your accounts/ITR will be able to do the needful). This should not be an issue since I have seen a couple of such instances in past however this is based on my opinion on the subject (suggest to take help of expert in filing returns to avoid future issues)