LTCG on Sale on Personal use silver utensils

You need to show in ITR

Your ancestors Sliver utensils are used regularly or occasion wise

If the ancestral silver utensils were used daily by you/your family, then they will be considered as prrsonal effects and as such the profit will not be taxable amd hence no disclosure to be made in return.But if they were occasionally used eg. on Diwali, Puja etc. they will be Capital Assets and the gains will be taxable as capital gains to disclosed as such in the return

Yup you are right