Which itr form do i need to fill
This query is : Resolved
13 August 2016
I am retired teacher, and a regular tax payer and file my IT returns each year on time, using ITR 2A. My income is all from FD, PO, Savings bank Interest and pension.
I have a 4- Equity based MF's which I had invested in FY 2009 when I was working, and they are due for redemption this FY.
After I get this MF redemption payment, which ITR form will I be required to fill to declare the gain from MF, will it be - ITR - 2 or ITR-2A or any other ITR form.
I was told there is no Long term capital gain on equity based MF. But I am still not clear how to declare this income.
Pls kindly let me know. Thanks for your kind advice,
Kind Regards
Sherryl
I have a 4- Equity based MF's which I had invested in FY 2009 when I was working, and they are due for redemption this FY.
After I get this MF redemption payment, which ITR form will I be required to fill to declare the gain from MF, will it be - ITR - 2 or ITR-2A or any other ITR form.
I was told there is no Long term capital gain on equity based MF. But I am still not clear how to declare this income.
Pls kindly let me know. Thanks for your kind advice,
Kind Regards
Sherryl
13 August 2016
You can file ITR 2A. Disclose the gain on redemption of mutual fund under EI schedule (exempted income) under long term capital gain on STT paid.
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