This discussion addresses a user's difficulty in locating the correct section within the online ITR 2 form to report equity Short Term Capital Gains (STCG). The user notes that the general STCG section applies different tax rates than the desired 15% under Section 111A. Another user suggests selecting 'sec. 111A' for equity-based STCG to ensure the correct tax rate is applied.
26 July 2023
Can anyone tell me where to put it? There is one section called Short Term and Long Term Capital Gains, but that is added to Taxable STCG at applicable rates, instead of at 15% in the BFLA sheet.