My wife is a housewife and has earning from Share trading (short term gain of about Rs. 12500) , Mutual fund selling (Long Term Capital Gain) and FD Interest income, Total income not exceeding Rs. 2.5 lacs). However, the bank has deducted TDS for FD interest. So please advise which ITR form she should use while filing income tax return this year (FY17-18). Thank you.
1 Answers
Hi,
If the gain on Shares is not a speculative income (like intra-day trading, where delivery of shares does not happen) then can consider filing ITR-2 form.
Kindly read :
https://www.relakhs.com/ay-2018-19-income-tax-return-filing-new-itr-forms/
https://www.relakhs.com/set-off-carry-forward-capital-losses/
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