Ltcg debt fund
This query is : Resolved
Sanjay Toro
(Querist)
02 July 2018
I am in 10% bracket. I have some income from LTCG from debt fund. LTCG tax at 20 % after indexation is applicable . since i am in 10% bracket I will have to pay lesser tax if I can include this in my income from OS. is it OK?
DINESH NAGPAUL
(Expert)
02 July 2018
No, however there will be no concealment of tax, but it will be a mistake of principle. You will have to file ITR 2 and show LTCG at proper place.
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