Script Wise calculation for capital gain is mandatory by CBDT in ITR (update 20th June)

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Computation of capital gains should be made for each scrip or units of mutual fund The Income Tax Department has updated on e filing porta...

Computation of capital gains should be made for each scrip or units 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 20/06/2019
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. 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 Last date is 31st July 2019 for the taxable person on which provisions of Income Tax audit is not applicable.
As per above news ITR Form 2 and 3 has been amended on 14.06.2019.


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Saral Tax India | Taxation info in saral language: Script Wise calculation for capital gain is mandatory by CBDT in ITR (update 20th June)
Script Wise calculation for capital gain is mandatory by CBDT in ITR (update 20th June)
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Saral Tax India | Taxation info in saral language
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