Tax planning
Income tax return with capital gains, ITR-2
Who it is for: Shares, mutual funds, property
What this means, checked by a CA
If you sold shares, mutual funds, property or crypto, or you have foreign income or more than two houses, you file ITR-2. We collect your capital gains statements, compute short and long term gains at the right rates, match them with AIS, and file and e-verify the return.
₹2,499
a year, + 18% GST
- Delivered in 2 to 3 working days after capital gains statements and AIS
- Due: Due 31 July of the assessment year (31 July 2026 for AY 2026-27, now passed). Belated return up to 31 December 2026.
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 9 items
Broker capital gains statement
Share sale and purchase details
Mutual fund capital gains statement
Fund redemptions with cost
Pre-31 January 2018 purchase recordsOptional
Scrip-wise grandfathering in Sec 198 (old 112A)
Property sale and purchase deedsOptional
Sale value, cost, dates
Stamp duty valuation of propertyOptional
Sec 78 (old 50C) value adopted
Form 130 (old Form 16) and AIS, TIS, Form 168 (old Form 26AS)
Salary, TDS and reported sales
Reinvestment proofs for exemptionsOptional
Sec 82, 86, 85 (old 54, 54F, 54EC) claims
Foreign assets and income detailsOptional
Schedule FA for residents
Validated bank account
Refund credit
DiscussionWhat we discuss · 6 items
What did you sell this year: listed shares, mutual funds, property, unlisted shares, bonds, crypto?
Each has its own rate and schedule
Any F&O, intraday or business income?
That needs ITR-3, not ITR-2
For property bought before 23 July 2024: indexation at 20% or no indexation at 12.5%?
Choose the lower tax
Do you plan to reinvest property gains in a house or Sec 85 (old Sec 54EC) bonds?
Exemption and deposit deadlines
Any capital losses this year or from earlier years?
Set-off and carry forward need timely filing
Are you resident, RNOR or NRI, and do you hold foreign assets?
Decides Schedule FA and scope
FormsForms we file · 6 items
Confirm ITR-2 is the right form (no business or professional income)
Where: Internal. Due: Before filing
Reconcile broker and fund statements with AIS (SFT and sale values)
Where: https://www.incometax.gov.in. Due: Before filing
Compute capital gains by asset type, holding period and rate
STCG Sec 196 (old Sec 111A) at 20%; LTCG Sec 198 (old Sec 112A) at 12.5% above ₹1,25,000; property LTCG 12.5% or 20% with indexation (pre-23 July 2024 acquisition); Sec 78 (old Sec 50C) value; exemptions 54/Sec 86/85 (old Sec 54F/54EC)
Where: Internal. Due: Before filing
Fill Schedule CG, Schedule 112A (scrip-wise where bought before 1 February 2018), Schedule VDA, CYLA, BFLA, CFL, and Schedule FA or AL if applicable
Where: https://www.incometax.gov.in. Due: With the return
Pay self-assessment tax and interest
Total tax less TDS, TCS and advance tax; Sec 424 and 425 (old Sec 234B and 234C) interest where advance tax was short
Where: https://www.incometax.gov.in. Due: Before submitting
Submit ITR-2 for AY 2026-27 and e-verify
Where: https://www.incometax.gov.in. Due: 31 July 2026 (belated up to 31 December 2026); verify within 30 days
DeliverablesWhat you get · 3 items
Filed ITR-2 acknowledgement
When: Same day
Capital gains computation sheet
When: With the filing
Sec 270(1) (old 143(1)) intimation and refund, if any
When: Usually weeks after verification
Questions people ask
Can I file ITR-2 if I trade in F&O?
No. F&O and intraday are business income and need ITR-3.
When is Schedule AL needed?
When total income exceeds ₹1 crore (raised from ₹50 lakh from AY 2025-26).
Do NRIs fill Schedule FA?
No. Schedule FA is not required for non-residents or RNORs.
Can I still use indexation on my flat?
Resident individuals and HUFs can choose 20% with indexation for property acquired before 23 July 2024, or 12.5% without.
What is the last date for ITR-2 this year?
31 July 2026, then belated up to 31 December 2026.
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