Gold ETF STCG and LTCG

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2 Points Joined May 2025

Dear all, I have some STCG and LTCG on sale of Gold ETF. No STT was deducted. Now In ITR-2 AY 25-26, Schedule CG where do I have to provide details regarding the transaction

 i.e in "from sale of (i) Listed Securities ,... zero coupon bond OR

From sale of assets other than above listed OR 

amount deemed to be short term/long term.

 Please help.

 

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On 04 May 2025 at 16:17 Report
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Master in Accounts & high court Advocate
9447 Points Joined December 2011

To report Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) from the sale of Gold ETFs in your Income Tax Return (ITR-2) for Assessment Year 2025-26,

 follow these steps: Reporting STCG and LTCG from Gold ETFs - *Schedule CG*:

 You will report both STCG and LTCG in Schedule CG of ITR-2. - *From Sale of Assets Other Than Above Listed*:

Since Gold ETFs are not explicitly mentioned under "Listed Securities", you will likely report them under "From sale of assets other than above listed". - *Details to Provide*: - *Type of Asset*: Gold ETF - *Date of Acquisition*: Date you purchased the Gold ETF - *Date of Sale*: Date you sold the Gold ETF - *Sale Consideration*: Amount received from the sale - 

*Cost of Acquisition*: Original purchase price - 

*Indexation*: Not applicable for Gold ETFs purchased after March 31, 2023 - *Tax Rates*: STCG - slab rate, LTCG - 12.5% Tax Implications - 

*Holding Period*: For Gold ETFs, STCG applies if held for less than 12 months, and LTCG applies if held for more than 12 months. -

 *Tax Rates*: STCG is taxed at slab rates, while LTCG is taxed at 12.5% without indexation benefits.

Additional Considerations - 

*No STT Deduction*: Since no Securities Transaction Tax (STT) was deducted, ensure you report the gains correctly. 

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On 04 May 2025 at 17:53


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