Can we use Itr 1 form for Salary income, Interest, Dividend income and LTCG of 50k. If yes is there any column to mention LTCG income in ITR 1
Menu
Itr form for Salary income, Interest, Dividend And LTCG income of 50 K
Replies (2)
Quick Summary
No, you cannot use ITR-1 if you have Long-Term Capital Gains (LTCG), because ITR-1 does not permit capital gains income or contain columns for it. Even though the LTCG amount is small (₹50,000), having capital gains makes you ineligible for ITR-1, and you must file your return using ITR-2 instead.
I had read somewhere that For AY 2026-27, you can report Long-term Capital Gains (LTCG) under Section 112A (from listed equity shares or equity mutual funds) in ITR-1, as long as the gains are up to ₹1.25 lakh.
Recent Topics :
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
Related Topics :
CAclubindia
