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.