Long term capital Gain of Mutual funds

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I redeemed Long term mutual fund during the year 2021 the capital gain is around 4000 only do i need to show in the ITR or not required 

Replies (6)

It is mandatory to be declared, provided your gross total income is above basic exemption limit.

Thanks for the information

Sir I have missed this information for the FY 2020 -2021 how can it be rectified

If it is LTCG over equity MF, then it is tax exempt upto the limit of Rs. 1 lakh, thus there will not be any additional tax liability. As such not possible to file updated return, unless there is any additional tax liability.

File updated return u/s 139(8A)
Upto 1 lac no tax

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