As per the Income Tax Regulations, the tax applicable on capital gains needs to be filed in the same year as the same. The details of the capital gains earned by an investor are available in a document called the Capital Gains Statement. It is an important document to understand the investor’s tax liability.

The Capital Gains statement can be taken from the concerned fund house where the funds were invested. They are also available with the R&T Agents such as CAMs, Franklin and Karvy.

This statement gives details about short-term and long-term capital gains for each and every product as well as its tax implications.