Sovereign gold bond capital gain

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I had purchaed SGB in sept 2023 and sold them in feb 2026. AIS says it is long term listed debenture.

 

Where and how to report thi LTCG in ITR. Under sectiom 112 (1) listed securities of B2 or other section B8.

 

Is SGb listed securities?

Replies (1)
  • Are SGBs listed securities? They are traded on stock exchanges, but for tax reporting and nature of security, they are government securities—not equity shares or listed debentures subject to Section 112A. The AIS classification as a "listed debenture" is a common reporting glitch.

  • Where to report: Do not use Section 112A (which is strictly for STT-paid equity/equity mutual funds). Report the LTCG under the general Section 112 category in Schedule CG, overriding the incorrect AIS categorization after verifying the correct cost of acquisition and transfer dates.

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