How to report capital gains from shares, mutual funds, ETFs in ITR? | Unrealised gains need not be reported in ITR | Inshorts
Taxpayers earning capital gains from shares, mutual funds or ETFs need to file ITR2 to avoid errors. Report all gains in the Capital Gains schedule by providing transaction details, sale value, acquisition cost and the resulting gain or loss. Equity gains are treated as shortterm if held for up to 12 months and longterm if held for longer.
Taxpayers earning capital gains from shares, mutual funds or ETFs need to file ITR2 to avoid errors. Report all gains in the Capital Gains schedule by providing transaction details, sale value, acquisition cost and the resulting gain or loss. Equity gains are treated as shortterm if held for up to 12 months and longterm if held for longer.
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