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Ajay

Category : Taxabili..,
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July 30, 2019 12:41 pm
  • Taxability of Foreign ESOPS
Hello Sir,

I am filing ITR 2 and have sold foreign company stocks(ESOP) last FY. We declare those in Schedule FA. However, I am not sure where do I declare the Capital Gains from it. I do not see an option stating Capital Gain from unlisted share in schedule Capital Gain. Can you please let me know?
A...
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Vikrant Kumar

Category : Income t.., LTCG on ..,
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July 29, 2019 11:34 pm
  • Income tax
  • LTCG on stocks
Hello Sir,
I have LTCG gain from shares of two companies.
Details are attached in screenshot of gain calculation.

One share was purchased before and other after 1st Feb 2018,
How will I show it in ITR2 schedule CG and in LTCG section after combining both shares values, because for 2nd item FMV ...
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Jitendra B
https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-tax-on-ltcg-from-equity-shares-and-equity-mutual-funds/articleshow/70581749.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23
How to calculate tax on LTCG from equity shares and equity mutual funds
In Budget 2018, LTCG was made taxable. This rule applies for transactions made on or after April 1, 2018, and will be applicable for FY 2018-19 onwards.
  • August 10, 2019
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Vikrant Kumar

Category : Income t.., LTCG on ..,
Unsolved
July 28, 2019 8:50 pm
  • Income tax
  • LTCG on stocks
Hello Sir,
I have some Long term capital gains from the sale of shares of two companies say it A and B. Date of acquisition of shares for A is before 1st Feb 2018 and for B it is 10th Feb 2018. Problem is how I would show it in ITR2 as there is column of FMV if shares are bought before 1st feb 2018? ...
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Suhas

Category : NRI Taxa..,
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July 27, 2019 6:27 pm
  • NRI Taxation
Dear Amlan,
I have moved to US 3 years ago and returned in Oct 2018.I fall under NRI category for this financial year as I stayed more than 180 days in current year. Do I need to disclose the income earned in US and get it exempted in ITR. Please throw some light on this.
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Amlan Dutta
If you are a non resident (am assuming you are ) , your US income is not taxable and you don't need to declare it in ITR at all
  • July 28, 2019
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