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Show Taxation of Debt Fund's and FOF's Investing in US ETF's in the ITR2 Form

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Hi All,

Good morning. Hope you are doing well.

Can someone please guide on where exactly to show the below things in ITR2.

Debt Fund Gains in ITR2.
STCG and LTCG Capital Gains from FOF Mutual Funds investing in US ETF's (as they are charged at Different Rates for Short Term and Long Term)

Regardds

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Rama chary Rachakonda (Master in Accounts & high court Advocate) (8722 Points)
Replied 25 July 2025

Report debt fund gains under "Capital Gains" in ITR2.

Specify gains from debt funds in the relevant sections for short-term or long-term capital gains depending on holding period.

2.STCG and LTCG from FOF Mutual Funds investing in US ETFs are treated as capital gains.

Report in "Capital Gains" section of ITR2.

Short term capital gains (STCG): Taxed as per applicable slab rates.

Long-Term Capital Gains (LTCG): Taxed at 20% with indexation benefits for domestic funds. For FOFs investing in international ETFs like US ETFs, tax treatment may depend on specifics of the fund.