Capital gain of mf where stt is not paid

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This discussion addresses how to declare capital gains from mutual funds in ITR 2, specifically when Securities Transaction Tax (STT) has not been paid. The consensus is to declare the income under the Capital Gains schedule, differentiating between long-term and short-term gains based on the holding period, even if STT was not explicitly deducted or paid separately.

harendra

harendra (Querist)
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07 June 2022 Dear Sir/ Madam

I have sold HDFC Capital Builder Value fund & gain is Rs.3700/- hold period is 15 months stt not paid. where to show this income in ITR 2 ?

Regards
Harendra

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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07 June 2022 Check your statement, fund house deducts STT from the payable amount. You don't need to pay it saperately.

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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08 June 2022 Show it in Capital Gain head

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harendra

harendra (Querist)
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08 June 2022 HDFC MF is saying "STT not applied for the redemption of HDFC Capital Builder Fund" as well as I check it in statement too stt is nil.
I am not getting schedule where stt is not paid under capital gain?

Regards

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 June 2022 Declare the income under schedule CG under long term or short term depending upon its holding period of 3 years.

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