banner_ad

Ltcg on equity shares

ITR 227 views 3 replies

We have received long term capital gains on sale of shares before 31st March 2018. Our category is resident individual. My question is can we show this in ITR 1 under exempted income category Sec 10(38) exempted long term capital gains where stt is paid or it has be shown in ITR 2 under Capital Gains head. 

Replies (3)
it has to be shown in ITR-2 under exempt income category
no.. you have to file ITR 2 for claiming exemption
Ok so why is there a option for declaring LTCG in ITR 1?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details