| Question And Answer | |
|---|---|
| Subject: | LTCG (Loss) of NRI from sale of listed shares of Indian Company. |
| Category: | Income-Tax |
| Querist: | VIMAL MINTRI |
| Answered by: | Law Intern |
| Tags: | Capital Gains, NRI |
| Date: | August 14, 2025 |
I am an NRI. I have suffered a LTCLoss from the sale of Listed shares of Indian Companies , Under the Capital Gain item No. 6 – 7 – 8 & 9 are for NRI. Under which item should I report the above mentioned loss
NRIs have to use ITR form ITR-2 (with business income) or ITR-3 (without business income).
The Long-Term Capital Loss from the sale of listed shares of Indian companies have to be reported under Schedule CG, Item 7 (via Table E, B4 for Section 112A), and carry forward the unabsorbed loss in Item 9.
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