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Capital gains.

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(Querist)
04 September 2018 Sold an ancestral house at the market value (as recorded in the sale deed) with no loss no gain intention. My understanding is : (i)since there is no capital gains i.e capital gain being 0, there is nothing to report for LTCG in ITR2 or (ii) to report the sale value as well as the indexed value as X and the ITR2 system software will calculate the tax as 0. Please clarify.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
04 September 2018 Report in the ITR, otherwise the 'verification part ' of the return may go wrong.
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