Itr-2 or itr-2a

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2015 If one has exempt income in the form of long term capital gain from sale of equity mutual fund and has to carry forward previous years losses under capital gain from sale of equity/equity mutual fund, can he file ITR-2A in place of ITR-2 (other conditions remaining the same, i.e. filer is entitled to file ITR-2).

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 July 2015 Only ITR 2 has to be filed in view of capital gain loss carry forward.

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2015 but it is short term loss being brought forward from 2013-14 and not from 2014-15 and long term gain is in 2014-15. then also ITR-2 or ITR-2A will work.

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 July 2015 Any capital gain ITR 2A will not work.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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17 July 2015 Agree with view of Ld. Expert.

Also check out article from below link for guideline on ITR Selection.

https://www.caclubindia.com/articles/filing-itr-of-ay-2015-16-24379.asp