Dear Forum memebers,

Kind help answer my following queries for tax filing:

1. I surrendered my ICICI Pension plan that I was holding for 9 years, last year and earned an amount of Rs. 97,700. I understand that this is taxable. Which section of ITR 2 should I indicate this income. Please let me know. Is this a long term capital gain?

2. I have a small short term capital loss due to equity/shares for 632. Can this be set off against the amount earned in my pension plan

3. My father transferred some shares from his ICICI direct account to my account through off market transfer. He was holding all those shares for > 1 year before doing the transfer. Are there any tax implications for my father or me due to the transfer.

4. If I sell some shares that I received through the above off-market transfer, before 1 year, what would be tax implications.

Regards,

Srinivasan