Which itr to use for filing ltcg on sale of shares

ITR 764 views 4 replies

I am a salaried Individual. In the FY 2013-14 i have sold shares which were held by me for more than one year. Kindly guide me which ITR to use for filing Long Term Capital Gains / Loss  along with salary income for AY 2014-15.

Thanks

Replies (4)

You have to file ITR-2.

 

Here file ITR2

Thanks... but in ITR 2 when I enter under sheet CG, the amount gets captured under taxable income.. whereas this being my LTCG (ie held by me for more than one year), should not get taxable. Can you please guide me where to enter to make my income non-taxable. Thanks in advance.

LTCG on sale of shares is exempt only if STT is paid otherwise it will taxable in your hands.

File income in Point no. 2(i).

Thanking you


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