Long term capital gain

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k.b.nagesharao

k.b.nagesharao (Querist)
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26 July 2019 Dear Experts,

I have made some investments in mutual funds some two year back and sold recently online. But i didn't have actual date of purchase. Kindly advise how to enter the details for long term capital gain while filing Itr2. as this is most urgent kindly give your valuable advise as early as possible.
Thanks in advance.
K.B. Nagesha rao
9448826793

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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31 May 2020 Profit made on sale of mutual fund investments is termed capital gain. For equity oriented schemes, if the investment is held for 12 months or less, it is termed as short term capital gain and taxed at 15%

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