Any profit or gain earned by transferring a capital asset that is held for investment shall be taxable under this head.


Capital Gain Income includes details of the proceeds earned from the sale of:

  • Securities
    • Stocks/MFs
    • Crypto/NFTs
  • House property
  • Any other capital assets


Here's a complete guide Capital Gain & Taxes


To Import trades from Stocks/MFs


1. Using Broker Integration or Quicko Template



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

Here's how you can 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 entries