Self-filing ITR 2


This query is : Resolved 

Quick Summary
This discussion clarifies how to report short-term capital gains (STCG) from debt mutual funds and liquid funds within the ITR 2 form. Unlike some other investments, STCG from these funds are taxed at your normal applicable income tax rates. The query seeks specific guidance on which schedule and head within the ITR 2 form should be used to declare these gains or losses, as a dedicated section isn't immediately apparent.

05 December 2021 Sirs, Short Term Capital Gains from DEBT MUTUAL FUNDS/LIQUID FUNDS are taxed at the normal applicable rates. In which part of the Schedule and under which head are these gains/losses to be shown? There does not appear to be a specific place for this

05 December 2021 5. From sale of assets other than at A1 or A2 or A3 or A4 above ......

05 December 2021 Thank you, Sir. Done!

10 December 2021 Happy to learn that...... My Pleasure....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Follow