The new ITR 2 form is asking for a csv file to be uploaded showing the LTCG gains on shares and MF. Is is to be uploaded even when the total LTCG falls below the limit of Rs 1.25 lakhs
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ITR2 for 2025-26 AY CSV file
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No need to upload .CSV file, just fill the data manually.
That is possible if no. of transactions is small.But if large (say 50), then uploading of saved data is better, especially to avoid any error (e.g. STP/SWP from equity mutual funds). It is not clear what code is to be mentioned in column 1(b) to signify whether shares are sold before or on/after 23 July 2024.
Yes, for two reasons. If shares were bought before 31.1.2018, then you will be allowed to update cost of purchase to 31.1.2018, if it is more, so that there will be no tax on gains made upto 31.1.2018. Secondly, Long Term Capital Gains on shares/Equity MF sold upto 22.7.24 will be taxed @ 10% whereas those sold on/after 23.7.24 will be taxed @ 12.5%.
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