Any profit or gain earned by transferring a capital asset that is held for investment shall be taxable under this head.
Income from capital gain includes details of the proceeds earned from the sale of:
Here's a complete guide Capital Gain & Taxes
To Import trades from Stocks/MFs
1. Using Broker Integration or Quicko Template
- In the Filing tab, navigate to INCOMES > CAPITAL GAINS from the side nav
- Click on Import from Broker
- Here you've two options
- Select the suitable method to import your trades
2. Manually
- In the Filing tab, navigate to INCOMES > CAPITAL GAIN from the side nav
- Click on Add Trades Manually
- Select one of the reporting methods
- Trade-wise
- Scrip-wise
- Click on NEXT
- Enter the required details when reporting trade-wise
- Asset type
- Description/Symbol
- Quantity
- Purchase & Sale Date
- Purchase & sale Price
- Transfer Expenses
- Enter the required details when reporting Scripwise
- Asset type
- Description/Symbol
- Quantity
- Holding Period
- Purchase Price
- Sale Price
- Transfer Expenses
- Click on Save
Read more about:
1. Trade-wise & Scrip-wise methods of reporting trades
2. Tax on Equity Share Trading
To Import trades from Crypto/NFTs
1. Import from CoinTracker
- Upgrade to the Pro Plan
- In the Filing tab, navigate to INCOMES > CAPITAL GAINS from the side nav
- Click on Import from CoinTracker
- Upload the csv file downloaded from CoinTracker
Steps to download the tax report from CoinTracker
- Login to CoinTracker
- Navigate to the Tax Centre
- Download Quicko Tax CSV, under Tax Reports
2. Manually
- In the Filing tab, navigate to INCOMES > CAPITAL GAIN from the side nav
- Under Traded in Crypto/NFTs, click on Add Trades Manually
- Select one of the reporting methods
- Trade-wise
- Scrip-wise
- Click on NEXT
- Enter the required details when reporting trade-wise
- Asset type
- Description/Symbol
- Quantity
- Purchase & Sale Date
- Purchase & sale Price
- Transfer Expenses
- Enter the required details when reporting Scripwise
- Asset type
- Description/Symbol
- Quantity
- Holding Period
- Purchase Price
- Sale Price
- Transfer Expenses
- Click on Save
To report the sale of
1. Immovable Property
- In the Filing tab, navigate to INCOMES > CAPITAL GAIN from the side nav
- Click on Did you sell Immovable Property?
- Enter the following details
- House Property Details: Address
- Sale Details: Date & Price
- Buyer Details (Optional)
- Renovation/ Addition Details (Optional)
- Capital Gain Deductions (If applicable)
- Click on Save
2. Other Assets
- In the Filing tab, navigate to INCOMES > CAPITAL GAIN from the side nav
- Click on Did you sell Other Assets
- Enter the following details
- Description of the Asset
- Sale Details: Date & Price
- Renovation/ Addition Details (Optional)
- Click on Save
Read more on Tax on Immovable Property
Note: 1. When you click on Yes for the optional details, you can claim deductions for various expenses. 2. You can click on the ADD button to add multiple capital gain entries