Which ITR form is relevant for e
This query is : Resolved
29 June 2021
Dear experts,
Kindly let me know that which ITR is relevant for me to file my return ITR-1 or ITR-2?
I have income from capital gain from listed shares ? And gross total income is less than exemption limit.
Thanks in advance
Kindly let me know that which ITR is relevant for me to file my return ITR-1 or ITR-2?
I have income from capital gain from listed shares ? And gross total income is less than exemption limit.
Thanks in advance
30 June 2021
As your gross total income doesn't exceed basic exemption limit, there is no obligation to file the income tax return. In spite of that if you want file, the appropriate return is ITR-2.
30 June 2021
Fill particulars related to your capital gain on equity shares in Shedule CG- Schedule 112A of Income tax return form ITR2
30 June 2021
ITR1 cannot used when there is capital gain. ITR2 is the right form.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Whether still royalty
- Offsetting interest income against derivative trading losses
- SEC 54 OF IT ACT
- RCM - commercial rent paid to URP under GST
- Gratuity Withdrawls
- DEMAND ORDER
- Amendment of September 2021 Invoice
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
