Capital Gains

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Which ITR Form to be used for a person who has only capital gains(Loss) from Shares - ITR 2 or ITR 4 (to be shown as business Income?)
 

Replies (1)

If you want to show it as a business loss and this is the only source of income, then you should use ITR-4.

Although, I don't know whether you are right in saying that its business loss or not. See, as your words it seems to be a loss under thehed Capital Gains, and in that case you should use ITR-2.

 

Regards,

Abhishek K. Pandey


CCI Pro

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