Answer

1. F

   Facts

   You need the broker's capital gains statement, the mutual fund capital gains statement, and AIS to cross check. For property, keep the sale and purchase deeds, stamp duty value and cost of improvement bills. Form 16 and bank interest certificates cover other income.

2. P

   Provisions and law

   • Sec 48 (now Sec 72)Capital gain is sale value less cost of acquisition, cost of improvement and transfer expenses
   • Sec 112A (now Sec 198)Long-term gains on listed equity taxed at 12.5% above ₹1,25,000 a year (transfers from 23 July 2024)
   • Sec 50C (now Sec 78)For land or building, stamp duty value replaces the sale price if it is higher by more than 10%
3. A

   Analysis

   Capital gain is sale value less cost and expenses under Sec 48 (now Sec 72), so you need both sides of every transaction. For shares bought before 1 February 2018, keep the 31 January 2018 price for grandfathering. For property, Sec 50C (now Sec 78) needs the stamp duty value. Reinvestment proofs are needed for any exemption under Sec 54, 54F or 54EC.

4. C

   Conclusion

   1. 1Download broker and fund capital gains reports for 1 April 2025 to 31 March 2026.
   2. 2Download AIS and TIS and compare sale values.
   3. 3Gather property deeds and valuation papers if you sold property.
   4. 4Collect reinvestment proofs for exemptions.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.