You have to mention total sales proceed.
I m a salaried individual. While filling itr 2 form on excel sheet , on CG schedule, what to write in 2(a) and 2(b). I got 50k profit from buying and selling stocks several times. What to write in "full value of consideration" in 2(a) in CG.
Take for example- I have 5 lakhs in my demat account . I purchase shares for 5 lakhs and sold them at 5.2 lakhs. Then again buy shares for 5.2 lakhs and sold them for 5.5 lakhs . Now net profit is 50k . Now , tell me what to write in full value consideration
Hi,
In the example given by you, full value of consideration will be 10.7 lacs and cost of acquisition would be 10.2 lacs.
Please feel free to call/revert in case you need more clarity.
Thanks and regards
Abhishek Dugar
CA CS B.Com
I have also done some intraday trade. How to manage those trades. Do I need to separately fill itr 4 for those trades? Can two itr form be filled and submitted?
No then ITR 4 is applicable. You have to file only ITR.
If you want I can help you to complete it at nominal fees.
Hi,
Only ITR-4 will have to be filed by you. You cannot file different forms for the same year.
Regards,
Keerthiga Padmanabhan
M.Com., CA, LLB
Sir Intraday will be counted as Speculation profit/Loss under the head Business/Profession and ITR 4 is applicable.
In the same form under capital gains head you need to file Short term Gain or Loss. You should have value of Shares Sold and Value of shares purchased if they are taken for delivery and then sold. Only one ITR need to be submitted.
Hello,
You will have to show the total amount of sale consideration and the total purchase value in your return.
No, you cannot file two different returns for the same year.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP