STCG+LTCG
ashok oza (274 Points)
23 July 2021ashok oza (274 Points)
23 July 2021
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 23 July 2021
Yes, gains are taxable (subject to available exemption) as and when earned even if the same is reinvested.
ashok oza
(274 Points)
Replied 23 July 2021
Thanks Madamè.
Please correct me, if I'm wrong:
For STCG, I must show , in CG schedule of ITR2,
total consideration amount and total cost (Purchase) amount of equities traded.
For LTCG, I must fill up scriptt wise cost + consideration values in Table 112A.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 23 July 2021
ashok oza
(274 Points)
Replied 23 July 2021
Thanks a lot, Sourav .
I guess, then, I can go ahead with filling ITR2, assuming, of course, the glitches in new website are no more present. Thanks again.