Many individual taxpayers view filing an Income Tax Return (ITR) as a straightforward task—declaring salary income, updating investment details and paying any balance tax. However, capital gains can turn an otherwise straightforward tax return into a complicated exercise.

Many individual taxpayers view filing an Income Tax Return (ITR) as a straightforward task—declaring salary income, updating investment details and paying any balance tax.…

All disclosure of capital gains must be filed in Schedule CG. This schedule houses separate sections for different types of gains. For accurate tax liability computation, you must…