INCOME TAX RETURN

File ITR-2. Select Central Government (not PNB) as your employer type for the pension income. Report your 2-to-3-day share profits in Schedule CG under Section 111A as Short-Term Capital Gains.

The right ITR form depends on your kind and sources of income earned in that financial year.

• ITR-1 (Sahaj) : Salary/Pension, one house property and other income (excluding lottery, race horses, etc.) with total income within the prescribed limits.
• ITR-2:Individuals/HUFs not having business or professional income but having capital gains,multiple house properties,foreign assets,etc.
• ITR-3 : Individuals/HUFs having income from business or profession.
• ITR-4 (Sugam) : Taxpayers opting for presumptive taxation under Sections 44AD, 44ADA, or 44AE and satisfying the eligibility conditions.

To suggest the right return and tax treatment, please share :

1.Nature of Income (salary, business, profession, capital gains, etc.).

 2.Whether any capital gains,foreign assets or crypto transactions are involved.

3. Approximate total income for the year.

But in salary section 

Type of employer- CG Pensioners 

And employer name and tan no. The details of PNB the bank we received the payment, have already been populated.

Plz guide

For pension plus share trading, ITR-2 is the right form.

On the employer type question: select CENTRAL GOVERNMENT (not PNB) as employer category in the pension schedule. PNB is just the bank distributing the pension. The ministry or department from which you retired is the actual employer. Even if PNB appears in pre-filled data, manually change the employer type to Central Government.

For STCG on shares sold within 2-3 days: report these in Schedule CG under Section 111A (STCG on equity at 15%). Each sale is listed with purchase date, sale date, and net gain or loss. If your broker provided a capital gains statement, match it against AIS.

Key check: if any shares were bought before February 1, 2018, the cost gets grandfathered using the January 31, 2018 price. Most broker statements already handle this automatically.

This ITR form selection guide (https://taxgarden.in/blog/which-itr-form-ay-2026-27-key-changes) has the ITR-2 checklist for pensioners with capital gains.

For pensioners the empoyer will be the bank who provides pension... so select the bank for TAN as pension provider.