- Where the stocks are listed?. It will be treated as LTCG and only schedule CG will be filled. Schedule FSI will not be filled as there is no TDS deduction. As you have said no TDS was deducted, assuming it is an Indian subsidiary of German MNC.
Reporting CG - Sale of stocks of company registered abroad
Hi, Am a resident Indian, working in a German MNC. I sold stocks in 2018, which were allocated to me in 2012. Question is - Which schedule in ITR2 should I show the CG? - Schedule CG or Schedule FSI? If Schedule CG - then should it be as STCG or LTCG? Note - There was no tax deducted abroad for the sale Thanks
Asked 5 years ago in Capital Gains Tax
FSI is just to report any income from investment but if you need to bring it under taxation in India you need to show it under capital gain and stcg and ltcg would depend on the period of holding and it will come under definition of unlisted shares.
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Thank you
Hi,
You will have to show this under schedule CG and It will be LTCG.
Hi,
It will be treated as LTCG.
You will have to show the same in CG schedule.
Hi,
It is a LTCG and you need to show it in Schedule CG.
Hi
It will be declared under CG schedule as LTCG .
Hope it helps
Hello,
Schedule CG
LTCG
Regards,
CA Hunny Badlani
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