ITR for Capital Gains

Inclusions

• ITR-2 for a resident individual or HUF when capital gains or losses are a main reason for the return (same assessee rules as the published ITR-2 FAQ)
• Short-term capital gains on shares, equity-oriented mutual funds, debt funds, bonds, and other capital assets at applicable rates, including short-term gains on listed equity where section 111A and securities transaction tax rules apply
• Long-term capital gains on listed shares and equity-oriented mutual funds under section 112A (no ₹1,25,000 cap like ITR-1—full amount goes on ITR-2); long-term gains on land, building, unlisted shares, and other assets under section 112 or special provisions, with indexation or cost basis as the Act allows
• Sale of land or building; listed and unlisted securities; ESOP or sweat equity; debentures; zero-coupon bonds; and similar transfers the ITR-2 capital-gains schedules cover
• Salary or pension; one or more house properties; agricultural income above ₹5,000; interest, dividend, family pension, and other “other sources” rows that stay on ITR-2 alongside gains
• Capital loss set-off and carry-forward as the Income-tax Act allows (for example long-term capital loss mainly against long-term capital gains, short-term loss more widely against gains)
• Chapter VI-A deductions you qualify for under the regime you pick (old or new rules as in force)
• Reconciliation of TDS on salary, rent, securities sale, etc. with Form 16, Form 16A, Form 26AS, AIS, broker contract notes, and DP statements

Exclusions

• Profits of business or profession—including F&O or intraday trading when treated as business income (Income-tax Department ITR-2 “who cannot file” list)—use the Traders plan
• Salary, interest, bonus, or commission from a partnership firm in the situations the department routes to ITR-3 instead of ITR-2
• Filers who have no capital gains story and only salary, house, and interest—use Basic or Standard
• Residents who must give detailed foreign-asset or foreign-income schedules (Schedule FA, Form 67, etc.) as the main work—use the Foreign Income plan
• Companies, LLPs, and any person who must file ITR-5 or ITR-6

Recommended For

• Individuals or HUFs with gains or losses on property, listed or unlisted shares, mutual funds, bonds, debentures, or ESOPs who are not on business or profession income
• Salaried people who also sold a house or large portfolio in the same year and remain on ITR-2

Not Recommended For

• Anyone whose Indian return is led by business, profession, F&O, or intraday trading books
• Partnership-firm remuneration cases the department places on ITR-3
• Residents whose filing is mainly foreign income, foreign bank accounts, or Schedule FA—not this domestic capital-gains plan

How It Works

• Share your details and upload documents
• Our expert prepares your tax return
• Review and approve your return
• We file your return and help with e-verification
• Get ITR-V after e-filing
• Post-filing support available

Documents Required

• Form 16 (all parts) if you have salary or pension
• Form 16A for TDS on rent, interest, professional fees, or securities sale where a deductor issued a certificate
• Form 26AS and AIS from the Income-tax e-filing portal for the financial year of the return
• Bank statements showing credit of sale proceeds, large credits, or EMI outflows linked to property
• Interest certificates on savings and fixed deposits for other-source interest in the same return
• For house property: rent agreement and rent receipts for let-out homes; municipal or property tax receipts; housing loan interest certificate and lender statement for self-occupied or let-out property
• For land or building: registered sale deed, purchase deed or allotment, stamp duty and registration payment proofs, cost of improvement invoices, broker or society correspondence, completion or occupancy papers if needed for period of holding
• For listed shares and equity mutual funds: contract notes, DP transaction cum holding report, broker or AMC capital-gains statement, and evidence of securities transaction tax where short-term gains under section 111A apply; for section 112A long-term gains, keep grandfathering or fair-market-value working papers if your case uses them
• For debt mutual funds, bonds, and debentures: contract notes, purchase and sale confirmations, interest statements if accrued interest is part of the deal
• For unlisted shares or ESOP: grant or scheme letter, vesting and exercise notices, share valuation or merchant banker report where the employer or law requires it, and payment of exercise price proof
• Advance tax or self-assessment challans if you paid extra tax on capital gains in the year
• Prior-year ITR-V or acknowledgement if you carry forward capital loss (filed on time in the earlier year as the Act requires for carry-forward)
• Receipts for LIC, health insurance, donations, tuition fees, and other Chapter VI-A items not already in Form 16

Time Estimate

5-7 business days after document submission

Remarks

• The Income-tax Department treats ITR as annexure-less: you do not upload proofs with the JSON/XML, but you must keep them for the same financial year (Form 16, Form 16A, Form 26AS, AIS, broker sheets, sale deeds) if the assessing officer asks later.
• Before we file: download Form 26AS and AIS and reconcile every TDS and TCS line with Form 16, Form 16A, broker statements, and bank credits so the return matches what deductors reported.
• After e-filing, e-verify within the time limit the portal shows; keep ITR-V or the acknowledgement printout with your capital-gains working papers.