A salary earner with significant investments in mutual funds and delivery-based stocks, who also incurred a small intraday trading loss of Rs. 63, is seeking advice on filing their Income Tax Return. They are unsure whether to use ITR-2 or ITR-3, as they have no business income and primarily want to report their capital gains and the minor intraday loss under the capital gains section. The user is concerned about potential issues with the IT department if they choose ITR-2.
I am Salary person and dealing with Share market invested some amount Rs.500000/- in Share market through Mutual fund and Some delivery basic stock. I have never done Future & Options and never intraday transaction. But due do some issue i have done one Single Transaction in Intraday Which is i got loss Rs.63/- I have purchase Share RS.963/- and Sale Rs.900/- All other Share market Transaction belong to delivery and Mutual fund. We dont have any type of business income. Below are my detail Intraday Loss Rs.63/- Capital gain Short Term Rs.11400/- Long Term Rs.201/-
So can i go for ITR-2 i don't have much knowledge of ITR-3 Please suggest In Future Can be any issue from IT department if i go for ITR-2