Taxation on buying and selling of equities (no intra day)

I am a salaried person who buys and selles shares as well. I am not in FnOs, just equities (no intra day). Should I file ITR1 or ITR2?

ITR2 if you have capital gain/losses made through non-intraday trades. There are some great videos on YouTube on how to fill up the capital gains section in ITR2. Make sure to check those out as well.


Thank you

Make sure also to download your Tax P&L statement from That will show you all your transactions clubbed under proper headings. For instance I was surprised to find that I did two intraday trades in FY 2019-20 from the report which I completely forgot about. Such things are easy to miss and hence the Tax P&L statement will come as a life saver.

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That is a good point. Thanks :grinning: