Long Term Capital Gains Tax on shares

sfunds.2014 (retired) (100 Points)

29 March 2021  

Hi ,

I sold  400 shares Ril for Rs1480  in May 2020.

I was holding this shares for more then a decade.

I have not invested in shares after this sale.

My question are

1)how to compile LTCG for this sale

My annual income is 2 Lakhs only (including dividend interest etc. I am 60 and retired

 

Do I need to invest 1 Lakh in shares to claim exemption allowed in LTCG pl help

Thanking you Sridhar