Long Term Capital Gains on Equity and Equity oriented units

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This discussion clarifies how to report long-term capital gains (LTCG) on equity shares and units purchased after 1 February 2018 for the AY 2021-22 tax filing. While Schedule 112A is for grandfathered gains (bought before 1 Feb 2018), the query focuses on entering details for post-1 Feb 2018 transactions. The advice confirms that relevant data for these sales should be entered within the ITR-2 form, specifically addressing the purchase and sale values.

Sunil Verma

Sunil Verma (Querist)

14 July 2021 I understand schedule112A of ITR-2 is required for shares/units bought before 1-2-2018 and requiring grandfathering.
Where to enter LTCG on equity shares/units bought after 1-2-2018 in ITR-2 AY 2021-22 ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 July 2021 Enter sale value and purchase value.

Sunil Verma

Sunil Verma (Querist)

14 July 2021 Thank you sir, Are you suggesting entering data for shares/units bought after 1-2-2018 in 112A only in relevant columns while leaving some columns blank?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 July 2021 Yes, you are right ..........

Sunil Verma

Sunil Verma (Querist)

14 July 2021 Thank you sir, appreciate your quick response and help.

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