Missed filing your ITR?

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How to E-File ITR 2 when you have sold house property, land or building?

By Mayashree Acharya


Updated on: Jul 18th, 2023


7 min read

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Do you know, you have to file your income tax return in ITR-2 form in case you have sold your house property or land or building. In this article, we will guide you in detail about filing the income tax return in such a situation. Follow below steps to file your income tax return with capital gain/loss details with Cleartax in a hassle free manner.

Step 1:

Log in or sign up on the Cleartax portal. If you are filing with us for the first time, you will have to link your PAN by entering your PAN, Date of Birth, and the OTP received on your registered mobile number. 

But if you have filed with us last year and your PAN is already linked, you will directly see this screen. 

Step 2:

You will have to complete another OTP verification to view your pre-filled details. 

Most of your information will be auto-filled. At the bottom, you can see ‘Upload Form 16’ option. Upload your Form 16 and all your salary details will also be captured automatically.  If you don't have Form 16 or you want to enter the salary details manually, you can click ‘Continue to e-file’.

 Step 3:

Here you will see 4 tabs: Personal info, Income Sources, Tax Saving and Tax Summary. The ‘Personal Info’ tab will have all your personal details like name, address and other details. You can expand each section and review these details. You also have the option to edit them, if required. 

Step 4:

Click on ‘Income Sources’ and click on ‘Add Details’ under the head ‘Capital Gain Income’ when you have sold house, property, land or building in the financial year. 

Step 5:

Here, scroll down and click on ‘Add Entry’ under ‘Sale of Land or Building’.


Step 6:

Add ‘Date of Sale’ and ‘Date of Purchase’ of House Property. Enter ‘Description of Asset Sold’, ‘Sale Price’, ‘Purchase Price’, and ‘Brokerage Charges’. You can add cost of improvement details, if any by selecting the 'Do you want to add cost of improvement details?' option. 

You can claim exemption on this capital gain under sections 54, 54EC & 54F. Enter the details under the respective sections, if you have invested under any of these sections.

Enter the property address and buyer details and click on ‘Save’.

Step 7:

Next, if you have sold other assets like mutual funds, stocks, bonds, US stocks, shares received as a part of ESOP or RSU scheme, gold, any other asset, then enter the details of the profit/loss from such transactions under the respective heads and click on ‘Go to next’ button. 

Step 8:

Enter your other incomes like freelancing or business income, Interest from Bank Accounts, Fixed Deposits, Dividend, gaming income, rent from house property, interest paid on housing loan and crypto income and click on ‘Go to next’.

Step 9:

Next, on the ‘Tax Savings’ tab, if you have made declarations to your employer, all such details will be auto-filled here. You can also enter the details manually and claim all the deductions here. Declare all other deductions which are applicable. Don’t miss a deduction. Read: Guide on Section 80 Deductions.

Step 10:

Cleartax can automatically import your TDS entries from Income Tax Department. However, under the ‘Taxes Paid, TDS and TCS’ section, add TDS on sale of house property, land or building.

Step 11:

You will see a tax summary. Once you review all the details in the summary report, click ‘File Now’.

Based on all the details you’ve added, Cleartax will auto-select the ITR Form for you. Cleartax will also auto-suggest the best tax regime for you that saves you the maximum taxes. 

Step 12:

After making the payment, your return will be submitted, and you will receive an acknowledgement number from the Income Tax Department. The last step is to click on the ‘E-verify now’ button. Enter the OTP to e-verify your returns and that’s it, and you are done with your ITR filing!


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About the Author

I am an advocate by profession and have a keen interest in writing. I write articles in various categories, from legal, business, personal finance, and investments to government schemes. I put words in a simplified manner and write easy-to-understand articles. Read more


Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

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Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.

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