ITR-2 LTCG

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Manmohan ACA, CS (Querist)
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10 July 2009 while filing , an assessee has earned Long term capital Gain on House as well as shares(physical form ), how to provide these two as only space is provided for computation only once.

vinod kumar lalwani

vinod kumar lalwani (Expert)
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10 July 2009 hello!

not a problem we can mention a consolidated full value of consideration and cost of acquisition and there will be consolidated capital gain.

while long term capital gain on shares is exempt from tax u/s 10(38) if it is subject to stt.

if AO think it necessary he will call for documents.