Ltcg accrued till 31-jan-2018 reported as exempt income?

ITR Filing 235 views 1 replies

Hi,

Do  we need to include long term equity gain accrued till 31-Jan-2018 as exempt income in ITR?

For example I purchased 1 lac worth of equity shares on 1-Jan-2010. It's value on 31-Jan-2018 was 10lac. I sold the shares on 15-July-2018 for 10 lac. So there is no taxable long term gain here. But in reality I have gain of 9lac. Do we need to show this amount as exempt income in ITR?

 

Thank you.

Replies (1)

You have to declare these details (scriptt-wise) in schedule 112A of ITR 2 or ITR 3, where it will automatically calculate nil LTCG on equities.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details