Giving scrip wise details of long term capital gains in Schedule 112A of ITR is optional – CBDT

Giving Scrip wise details of long term capital gains in Schedule 112A of ITR is optional – CBDT clarification

As per advisory hosted at income tax e-filing website, Schedule 112A and 115AD(1)(iii) of long term capital gain are provided in the Income Tax Return software as per the Instructions to the Notified ITR form and based on taxpayer feedback.

The advisory says that taxpayers have an option to either enter the Scrip wise details of long term capital gains in Schedule 112A and 115AD(1)(iii) so that the correct values are populated in the CG Schedule or enter the self-calculated aggregate value of long term capital gains directly under respective items in schedule CG in terms with Sec 112A or 115AD(1)(iii) without entering scripwise details.

Taxpayers may exercise either option based on their convenience, says the advisory.

This facility is now available in ITR-2, 3, 5 & 6 utilities

The news flashed at income tax efiling website is as under:

Note: The concept of grandfathering in the case of LTCG on sale of equity investments was introduced by the Finance Act 2018

• Non- payment of cost imposed can’t trigger automatic confirmation of an invalid exparte assessment.
• Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT
• Last date to submit MEF 2026-27 extended to 09.09.2026
• Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand
• Issue already examined and adjudicated by CIT(Appeals), can’t be reopened on same set of facts