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ITR Capital Gain fy 2022-23

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Vaneet Monga

Private

265 Points Posted on 02 December 2023

Sir,

if a person have Capital gain from Mutual fund and Stock also. so while filling ITR short term seclud 111A he show total sales value of MF +total sales of stock and disclose the ITR column Full value of Consideration and same as total purchase value of MF +total purchase value of stocks and disclose the colum cost of acquisition without indexation and Capital gain loss reflect.
please suggest it's correct way or

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Quick Summary

This discussion clarifies how to correctly report capital gains and losses from both mutual funds and stocks when filing your Income Tax Return (ITR) for the financial year 2022-23. It addresses the specific ITR columns for 'Full Value of Consideration' and 'Cost of Acquisition' when dealing with short-term capital gains under section 111A, ensuring accurate reflection of total sales, purchase values, and any resulting gains or losses.