Capital Gains Tax Filing in India
Capital gains — from selling shares, mutual funds, property or other assets — are among the most error-prone parts of a return, and the rules changed materially from 23 July 2024. Getting the holding period, cost, indexation and exemptions right can save substantial tax.
Mistakes here are increasingly visible to the department through the AIS and broker data, so accurate reporting matters more than ever.
Key features and requirements
- Short-term vs long-term classification by asset and holding period
- Current rates after 23 July 2024 — e.g. 20% STCG and 12.5% LTCG on listed equity
- LTCG exemption on listed equity up to the prescribed annual limit
- Cost, indexation (where applicable) and grandfathering for older holdings
- Exemptions under Sections 54, 54F and 54EC on reinvestment
- Reconciling with the AIS and broker/registrar statements
How TaxSastra handles this
We compute your gains correctly across asset classes, apply the right rates and exemptions, and report them so they reconcile with your AIS — minimising both tax and notice risk.
What’s included
- Gain computation for shares, mutual funds, property
- Short-term / long-term classification
- Application of current rates and exemptions
- Section 54 / 54F / 54EC reinvestment planning
- AIS and broker-statement reconciliation
- Advance-tax impact on gains