SCHEDULE 112-A OF ITR-2

Is it necessary to enter each and every sahre sale transaction to arrive LTCG in SCHEDULE 112-A, or scripwise consolidated figures will do?

Replies (1)

In summary, for assets subject to grandfathering (acquired before Jan 31, 2018), you must provide transaction-wise details. For others, while the system may allow for consolidated reporting in some contexts, maintaining and entering scrip-wise details is the safest practice to ensure compliance with the Income Tax Department's reporting standards.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register