LTCG & STCG ON EQUITY SHARES
This query is : Resolved
20 June 2025
Suppose on sale of equity shares in F.Y 2024-25
Short Term Profit-Rs 2000
Long Term Profit-Rs 15000
As there is exemption limit of upto Rs 125000 under LTCG, Is it neccessary to mention amount of capital gain in ITR as there will be no tax payable
Short Term Profit-Rs 2000
Long Term Profit-Rs 15000
As there is exemption limit of upto Rs 125000 under LTCG, Is it neccessary to mention amount of capital gain in ITR as there will be no tax payable
Nabin Agarwal
(Expert)
20 June 2025
Yes it is mandatory to show the capital gain in ITR though it may be exempt, or else it will be treated as undisclosed income and can be added to your income.
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