We answer a viewer question on how income tax filing is done for long term capital gains from equity funds.
Edited Highlights
1:35 Debkanta Paul writes to us that since long capital gains on equity funds is zero after one year, does one need to report in the filing of income tax return?
1:53 If you are earning any income, you need to report it
1:56 First you do the reporting and then you claim the exemption in your income tax return