MagicalWaffle
Can anyone tell me which ITR form I need to fill?
I am a salaried person and ofc income is less than 50 lac and also I have invested in stocks,ipo and mutual funds. And some of I sell in less than 1 years and holding maximum of them. So can anyone plz tell which ITR I need to file and can help me with clearing more doubt in future. As I have joined last year as a fresher so this is my first time.
8mo ago
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CosmicPotato
Stealth8mo
ITR 2 needs to be filed. With LTCG & STCG bifurcation charging at special rate. Also check AIS/TIS, 26AS for cross verifying.
MagicalWaffle
Thanks and I have doubts - I don't need to pay anything right for stocks and funds which I am holding right now and only need to pay tax on those stocks which I sold out?
CosmicPotato
Stealth8mo
Right, only have to pay tax on sale of those stocks.
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