for individual , how to show a capital gain of 12000 from shares in ITR2 .
rgd s
sabyasachi ghosh (GM) (73 Points)
22 July 2019for individual , how to show a capital gain of 12000 from shares in ITR2 .
rgd s
J S BHAVSAR
(CONSULTING)
(1288 Points)
Replied 22 July 2019
Option 1) Open Schedule CG - Go to B4
Enter Full Value of Consideration which was the sale value
Enter Cost of Acquisition (FMV based on grandfathering clause applied)
Enter any expenses incurred on transfer of the capital asset
Schedule CG will automatically calculate and display the Capital Gain
Go to the bottom of Schedule CG and enter the gain appropriately in the quarter
Option 2) Open Schedule 112A
Enter Details of Stocks or equity mutual funds as the case maybe
Enter details relevant as asked in 112A
System will auto-populate the Schedule CG - B4 section
Make sure you still enter the table at bottom of Schedule CG with the right amount that accrued as per quarter
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