Reporting of STCG on Property in ITR

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This discussion addresses how to report the sale of three separate land parcels, purchased at different times, when they are sold together as a single transaction. The user is seeking advice on how to accurately report the Short Term Capital Gains (STCG) in their Income Tax Return (ITR), as the STCG section doesn't easily accommodate multiple purchase dates for a combined sale. The recommended approach is to report each land parcel as a distinct transaction to ensure correct tax calculation.

Ankur Aggarwal

Ankur Aggarwal (Querist)
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12 July 2026 Hi,

I had purchased 3 land parcels on different dates, different sellers and separate registries.
1. Oct 2024 - Seller 1, Land 1 - 100 SQM, COA - 10L
2. Dec 2024 - Seller 2, Land 2 - 100 SQM, COA - 10L
3. Jan 2025 - Seller 3, Land 3 - 100 SQM - COA - 10L

I sold all 3 parcels of land combined to one buyer in a single registry.
July 2025 - Buyer - 300 SQM - Value - 45L

- The above transaction has to be reported as Short Term Capital Gain for ITR FY 25-26.
The STCG section does not have an option to report multiple registries together and only one date of purchase can be entered.
1. Option 1 - Report each land sell separately, by dividing the sell value in 3 equal portions.
2. Option 2 - Report total land sell in one go, by taking the date of purchase of the earliest land.
3. Option 3 - If any other option can be suggested.

Please advice on how to go ahead with this.

Thanks in Advance.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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13 July 2026 To correctly report the STCG for the three land parcels sold, you should report each parcel as a separate transaction in your ITR. By allocating the sale proceeds and costs specifically to each parcel's individual purchase date, you ensure accurate tax calculation, whereas aggregating them under one date would lead to reporting errors.

Ankur Aggarwal

Ankur Aggarwal (Querist)
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13 July 2026 Thank you for the reply sir. As the 3 land parcels were of same size and configuration and were clubbed together for ease of registry to the buyer, will it be a correct way to divide the sale proceeds equally in 3 parts for reporting purposes.

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