Sir, Where and how to show Off Market Transactions in IT Return.
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Quick Summary
This discussion clarifies how to report off-market share transactions, both credit and debit, within your Income Tax Return. It addresses the tax treatment for Long Term Capital Gains (LTCG) at 20% and Short Term Capital Gains (STCG) according to slab rates. The query also seeks guidance on shares transferred between demat accounts without a sale, and their tax implications.