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Ltcg ITR2

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Resident individual having LTCG of Rs 300000 from sale of shares FY 2017-18. Other sources income to the tune of Rs 320000 after deduction. My question is while filling column of Capital Gain in ITR 2, I filled column 3.) From sale of i) listed securities (other than a unit) or zero coupon bonds where proviso u/s 112(1) is applicable. When I punch in the details here it shows in the end of the form LTCG taxable at 10%. Is proviso 112(1) applicable from FY 2017-18? Or whether showing capital gains as exempt income u/s 10(38) in ITR 1 should be sufficient?

Replies (1)

Yes, showing capital gains as exempt income u/s 10(38) in ITR 1 be sufficient; provided STT paid.

 


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