In case of long term capital gains (LTCG) arising on sale of equity shares or unit of equity oriented fund or unit of business trust on which STT is paid, separate computation of capital gains should be made for each scrip or units of mutual fund sold during the year and aggregated amount should be provided in item No. B4 (ITR 2)/B5( ITR 3) (in case of residents) or item No. B7 (ITR 2)/B8(ITR3)(in case of non-residents). The Utility has been updated and relevant validation rules are relaxed .Please download the latest utility available under Downloads. Updated utility of ITR-5 for the same change will be available shortly.
Separate computation of capital gains for each scrip or units of mutual fund to be shown in ITR
News posted by
CCI News Desk
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
Recent News :
- CBIC Amends ATA Carnet Rules to Allow Additional Time for Temporary Imports
- SEBI Revises FATCA and CRS Reporting Requirements Under Income Tax Rules, 2026
- Direct Tax Collections Rise 11.76% to Rs 14.42 Lakh Crore as on 10th Nov 2026
- Tamil Nadu Amends GST Act from 1st November 2026 to Speed Up Refunds
- RBI Clarifies No Change in Cheque Books from 1st January 2027
- RBI Releases 2025-26 Census on Foreign Liabilities and Assets
- SEBI Implements New Settlement Regulations 2026: Check Application Process, Fees and Deadlines
- ICAI Releases Updated Handbook on Liability to Pay in Certain Cases under GST
- SEBI Revises Accredited Investor Rules: 3-Year Validity, New Verification Process
- Finance Ministry Orders Provisional Assessment of Alloy Steel Chisels and Rock Breakers Exported from Malaysia
Popular News
- GST Registration Cancellation Process Revised: New REG-16 Approval Rules Explained
- Supriya Sule Urges FM Sitharaman to Extend TDS, TCS and GST Compliance Deadlines During Diwali 2026
- CBDT Notifies New Rules for Merger of Registered Non-Profit Organisations Under Income Tax Rules 2026
- CBIC Issues New GST Instructions: No Arrests, E-Way Bill Checks Restricted, Rs 10,000 SCN Limit
- GST Registration Amendment Rules Changed: 3-Day OTP Verification Made Mandatory
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
