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sieaus
( Author )
05 July 2012
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I know LTCG on equity is not taxed. I also know LTCLoss can not be set off. But LTCG to be mentioned in EI in ITR2 leaving LTCG portion of ScheduleCG blank. My question is, in case of LTCLoss, is it enough to keep EI LTCG to zero and leave LTCG portion in ScheduleCG blank? or is it necssary to indicate the losses like in STCG or loss, which is then reflected in CFL. If yes, which is the portion (112 exercised or not exercised) in ScheduleCG) to indicate LTCLoss on equity.
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