Hello, I would like some help regarding filing my return for A.Y 2017-18.
1. I was unemployed during that financial year.
2. I had no income except i sold shares worth Rs. 58698 and Rs 48048. I bought these shares more than a year ago from the date of selling. About 1 year and 4 months ago
3. I got dividend of Rs. 3148
4. My parents paid for my life insurance and PPF, about Rs. 150000
My question is which ITR form do I have to fill. And where do I have to fill these details? Thank You
You have to file ITR 2.
Urvi Gandhi-ji, Why to choose ITR2 and why not ITR1?
Since there is capital gain during the financial year, it is advisable to file ITR 2.
Urvi-ji, Thank you for your reply. However, if the income is less than the limit, then do we need to show the profit from capital gains in ITR2? I am not aware of ITR2 that's why asking the question. Also, if I gain profit (on 2017/01/15) from selling Equity Mutual Fund, then is it ok to file ITR1? This profit is the only one income. Please revert.
CAclubindia
