Find
If you have short-term gains, long-term gains above ₹1,25,000 under Sec 112A, or gains on property or debt funds, you need ITR-2. Small Sec 112A long-term gains up to ₹1,25,000 can be shown in ITR-1 for AY 2026-27.
ITR
Salaried with capital gains: ITR-1 or ITR-2
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Provisions
Rule 12, Income-tax Rules 1962 (now Rule 164, Income-tax Rules 2026); Sec 111A, Income-tax Act 1961 (now Sec 196, Income-tax Act 2025); Sec 112A, Income-tax Act 1961 (now Sec 198, Income-tax Act 2025)
Analysis
Say you had ₹80,000 long-term gain on equity funds and nothing else. ITR-1 may work. But if you also had ₹20,000 short-term gain, you need ITR-2. Get the capital gains statement before deciding.
Close
- Download capital gains statements.
- Separate short-term and long-term gains.
- If any short-term or larger gains, use ITR-2.
- Report each sale correctly.
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