We have received long term capital gains on sale of shares before 31st March 2018. Our category is resident individual. My question is can we show this in ITR 1 under exempted income category Sec 10(38) exempted long term capital gains where stt is paid or it has be shown in ITR 2 under Capital Gains head.
3 Replies
CA CS Roshan Begrajka
(Chartered Accountants)
(267 Points)
Replied 22 August 2018
it has to be shown in ITR-2 under exempt income category
CA P V N Varma
(CA )
(609 Points)
Replied 22 August 2018
no.. you have to file ITR 2 for claiming exemption
Shweta
(Student CS Professional)
(126 Points)
Replied 22 August 2018
Ok so why is there a option for declaring LTCG in ITR 1?
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