Long term capital gain-exemption in itr return
This query is : Resolved
23 July 2018
Hi Expert,
I am filling ITR-2 for Salary and Some Long term Capital Gain by Equity Shares (Purchase & Sales).
as per my knowledge Long Term Capital Gain is Exempt, but when i am filling amt in capital gain Sheet, it is calculate 10% Tax thereon, kindly let me know whether this is correct OR i have to put amt in another cell for taking exemption.
or i am doing wrong
Thanks
I am filling ITR-2 for Salary and Some Long term Capital Gain by Equity Shares (Purchase & Sales).
as per my knowledge Long Term Capital Gain is Exempt, but when i am filling amt in capital gain Sheet, it is calculate 10% Tax thereon, kindly let me know whether this is correct OR i have to put amt in another cell for taking exemption.
or i am doing wrong
Thanks
23 July 2018
To show in schedule EI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- GST not cancelled by tenant
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
