can l use ITR 1 for reporting short term capital gain taxable at normal rate under the head income from other sources?
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Quick Summary
This discussion clarifies the appropriate Income Tax Return (ITR) form for reporting short-term capital gains. While technically ITR 2 is the correct form, the consensus suggests that for very small amounts, using ITR 1 might be permissible, though not strictly advised. The key takeaway is to understand the specific requirements for reporting different income types.