POSTED BY July 30, 2013 10:09 pm ONE COMMENTON
I had had redemption of 8 equity mutual funds–including Reliance Gold Savings Fund– in 2012-13.Security transacion tax was paid on redemption.
My Capital Gain are as follows–
(a) Total Long Term Capital Gains on redemption of 8 mutual funds— Rs 103778.
(b) Short Term Capital Gain on redemption of gold fund– Rs 3148.
Please advise about the followings–
(1) Should I mention the Long Term Capital Gain of Rs 103778 in the Schedule–Exempt income –of ITR-2 ?
(2) In which column should I mention the short capital gain of Rs 3148 ?
(3) Will I have to pay tax @ 20% on Short Capital Gain of Rs 3148 (without indexation) ?
Please address my queries?