Update on 19/07/2019- Scrip wise details of long term capital gains in ITR is Optional: CBDT

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.

14/06/2019- 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. 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.

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5 Comments

  1. Heta says:

    Is there any option to file return without inserting Scrip wise details? My client has 1000 entries of different equity shares and adding scrip wise details of so many transactions is very difficult .
    Plz provide some alternate.

      1. In ITR 2 form, the mentioned rows for directly entering the aggregated LTCG is greyed out. It doesn’t allow to fill in any value.
        Cells 4(a), 4(c) are greyed out. They get populated only from schedule 112a and schedule 112a doesn’t allow to enter aggregate CG. What to do?

  2. DR S L JAIN says:

    KINDLY LET ME KNOW HOW CAN I REFILL PREFILL DATA IN ITR2 FOR THE AY 2019-2020. IS LATEST UTILITY UPDATE FOR ITR2 DOWNLOAD PREFILL DATA AVAILABLE.

  3. GANDHI MOHAN BHARATI says:

    IT Department may issue a categorized monetary diary to be maintained on a daily basis and e-file it weekly so that they can compute correctly; better still leave it to the assessees to file ITR, find fault, collect interest/penalty. Life is becoming tough.

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