If i have salary income, short term capital losses of 8000 and long term capital gains of 1.2 lakhs, which ITR form to choose for FY 2024-25(AY2025-26)?

Income Tax
1

If i have salary income, short term capital losses of 8000 and long term capital gains of 1.2 lakhs, which ITR form to choose for FY 2024-25(AY2025-26)? Total income doesn’t exceed 50 lakhs.

2

If you are having salary income along with LTCG of Rs 1.25 lakhs from equity ( under section 112A) , you should choose ITR 1 .

In case of STCG or LTCG form any other assets , choose ITR 2 .

3

You can file your return under ITR 2 form.