I sold 1 company’s shares in March 2020. Some of those shares were short term (less than 1 yr) and some were long term (more than 1 yr). In this case how to add these details in section 112A?
Income on sale of the shares that are held for less than a year is Short Term Capital Gain. You can calculate STCG as the difference of Sales Value and Buy Value of such units held for less than a year. Income on sale of the shares that are held for more than a year is Long Term Capital Gain. Such details should be entered in Schedule 112A. Enter number of units, sell value per unit, total cost of acquisition (buy value per unit * long term units) and FMV per unit. LTCG would be calculated as per the grandfathering rule.