Script Wise calculation for capital gain is mandatory

Script Wise calculation for capital gain is mandatory In case of long term capital gains (LTCG) arising on sale of equity shares or unit of equity

Script Wise calculation for capital gain is mandatory

Computation of capital gains should be made for each scrip or unit of mutual fund

The Income Tax Department has updated on e-filing portal That

In case of long term capital gains (LTCG) arising on sale of equity shares or unit of equity oriented fund or unit of business trust on which STT is paid, separate computation of capital gains should be made for each scrip or units of mutual fund sold during the year and aggregated amount should be provided in item No. B4 (ITR 2)/B5( ITR 3) (in case of residents) or item No. B7 (ITR 2)/B8(ITR3)(in case of non-residents). The Utility has been updated and relevant validation rules are relaxed .Please download the latest utility available under Downloads. Updated utility of ITR-5 for the same change will be available shortly.

Update 20/06/2019In case of long term capital gains (LTCG) arising on sale of equity shares or unit of equity oriented fund or unit of business trust on which STT is paid, separate computation of capital gains should be made for each scrip or units of mutual fund sold during the year and aggregated amount should be provided in item No. B5(ITR 5) (in case of residents) or item No. B8(ITR5) (in case of non-residents). The Utility has been updated. Please download the latest utility available under Downloads.

For A.Y. 2019-20 ITR filing, the Last date is 31st July 2019 for the taxable person on which provisions of Income Tax audit are not applicable.
As per the above news, ITR Form 2 and 3 have been amended on 14.06.2019.

Script Wise calculation for capital gain is mandatory