Tax & Policy

30% on gains plus 4% cess, so 31.2% in total. Losses can’t be set off or carried forward, and 1% TDS is deducted on the sale value.

File ITR-2 (or ITR-3 if you have business income), report each sale in Schedule VDA, and claim the 1% TDS shown in your AIS and Form 26AS.

After you file your ITR and it is processed. Refunds usually arrive within a few weeks of processing, to your pre-validated bank account.