Which ITR form is relevant for e

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If you have income from capital gains on listed shares, even if your gross total income is below the basic exemption limit, you should use ITR-2. ITR-1 cannot be used in cases involving capital gains. You'll need to fill in the details of your equity share capital gains in Schedule CG and Schedule 112A of the ITR-2 form.

ashwani

ashwani (Querist)
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29 June 2021 Dear experts,
Kindly let me know that which ITR is relevant for me to file my return ITR-1 or ITR-2?
I have income from capital gain from listed shares ? And gross total income is less than exemption limit.
Thanks in advance

Deepa B

Deepa B (Expert)
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30 June 2021 As your gross total income doesn't exceed basic exemption limit, there is no obligation to file the income tax return. In spite of that if you want file, the appropriate return is ITR-2.