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Which ITR to file for capital gains?

ITR for capital gains

 

If you have capital gain, you will generally need to file ITR-2. Income Tax Return-2 is applicable for individuals and Hindu Undivided Families (HUF) who have income from sources other than business or profession. These are typically categorized as “Income from Capital Gains” in ITR-2.

However, it is important to review the specific details of your capital gains and consult with a tax professional to determine the correct Income Tax Return form that should be filed based on your individual circumstances.

Income Tax Return is mandatory to file for Individual who are showing their income under this head of Income

For more information visit this site: https://www.incometax.gov.in

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