π’ Capital Gains Tax Alert for ITR Filing (F.Y. 2024-25) π Are you investing in stocks or mutual funds? π§Ύ Donβt miss this key update for your Income Tax Return filing! π
π Capital Gains at a Glance:
β
Short-Term Capital Gain (STCG)
π Applicable when:
Equity shares or mutual funds sold within 1 year
Taxed at 15% (plus cess/surcharge)
β
Long-Term Capital Gain (LTCG)
π Applicable when:
Held for more than 1 year
Taxed at 10% on gains above βΉ1 lakh (for listed equity shares/mutual funds)
π§Ύ What You Need to File ITR:
π Capital Gain Statement from broker or mutual fund house
π AIS (Annual Information Statement) from Income Tax Portal
π Form 26AS for TDS confirmation
π Details of all buy/sell transactions
β Mistake to Avoid:
π‘ Donβt just report the sale amount β calculate actual gains (Sale – Purchase) and classify correctly as STCG or LTCG!
π₯ Need help with your capital gains computation or filing ITR-2?
π© DM us or comment βCAPITAL GAINβ and weβll assist you step by step!
π§βπΌ #TaxFiling #CapitalGains #ITR2025 #STCG #LTCG #IncomeTaxReturn #MutualFunds #StockMarketIndia #DigitalTaxHelp #ITRDeadline #FinancialYear2024_25
