Confusion about itr
This query is : Resolved
12 July 2017
I am a salaried person and I gained through IPO.
Earlier I had been using ITR-1 because I had no income from IPO but now I have a confusion of which ITR I should use to fill Income Tax.
Please let me know feedback on the same.
Earlier I had been using ITR-1 because I had no income from IPO but now I have a confusion of which ITR I should use to fill Income Tax.
Please let me know feedback on the same.
CA R SEETHARAMAN
(Expert)
12 July 2017
In case of long term capital gain disclose it under exempt income and file ITR 1. For short term capital gain file ITR 2.
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