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Itr form for Salary income, Interest, Dividend And LTCG income of 50 K

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Samir

Others

24 Points Posted on 26 July 2026

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

Replies (2)

Quick Summary

This discussion clarifies whether you can use the ITR 1 form for income including salary, interest, dividend, and Long-Term Capital Gains (LTCG) up to £50,000. While ITR 1 generally doesn't allow for capital gains reporting, there's a mention of potential changes for AY 2026-27 allowing LTCG up to £1.25 lakh under Section 112A. However, for the current assessment year, having any LTCG means you'll likely need to use ITR 2 instead.

Aashok Kumar Sharma

Finance/Compliance Consultant

67414 Points Posted on 26 July 2026

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.

Samir

Others

24 Points Posted on 26 July 2026

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.