I am filing ITR for the first time and I am confused between ITR Froms 1 and 2. I get salary, and I’ve invested in stocks through groww in FY 2023-24. I sold few of them and profit is around 50k. So shall I continue with ITR-1 form or do I have to file ITR-2 form because I have stock market gains?
Hi @Sarita72 ,
If the gain is long term in nature then you can file ITR-1. However, if the gain is short term in nature, you will have to file ITR-2.
Thanks,
[CA. Pulkit Garg]