To prevent mistakes, individuals who have earned capital gains through ETFs, mutual funds, or shares must use ITR-2 for their tax filings. You are required to list every gain within the Capital Gains section, including specifics like the sale price, the original purchase cost, transaction data, and the final profit or loss amount. For equity investments, holdings kept for 12 months or less are classified as short-term, while those held for a longer duration are considered long-term.

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