STCG ITR filing for ETF SILVER

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This discussion clarifies how to report Short-Term Capital Gains (STCG) from Silver ETFs during Income Tax Return (ITR) filing. It's confirmed that STCG on Silver ETFs should be reported in the 'Schedule Capital Gains' section, specifically under 'Sale of assets other than at A1 or A2 or A3 or A4'. The tax on this gain is applicable at your individual income tax slab rates, not a flat 20%. Users are advised to ensure they are using the latest version of the tax utility to see the correct tax calculation in the CYLA schedule.

Sandip Kumar Halder

Sandip Kumar Halder (Querist)

02 September 2025 Please help me witth itr filing. i am not sure where to report STCG on Silver ETF

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

02 September 2025 You will report STCG on Silver ETFs in the "Schedule Capital Gains" in ITR-2 by providing the details of sale and acquisition in the short-term capital gains section. The tax on this will be calculated as per your income tax slab rates since Silver ETFs STCG is taxable at slab rate.

Sandip Kumar Halder

Sandip Kumar Halder (Querist)

02 September 2025 Thanks for the response. I know its a normal tax rate. but not sure about the location of schedule cg . and i filing itr 3 as business income is there also. first we have sale from land / building, then equity stcg then mf, then which are not within above scope. but ther is no option to show under normal tax slab

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

02 September 2025 Schedule CG....
5 From sale of assets other than at A1 or A2 or A3 or A4 above A5
a ii Full value of consideration in respect of assets other than
unquoted shares .................. A5a ii

Sandip Kumar Halder

Sandip Kumar Halder (Querist)

03 September 2025 yes, I have updated there.. but in tax calculation it is showing at 20% calculation instead applicable rate

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

03 September 2025 Are you using Java utility latest version DU vr.1.2.2. I have no issue with it. It is showing perfectly in schedule CYLA in Tab. vi. (ST at applicable rate)

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

20 September 2025 Good Luck..

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