Experiences from my recent filing…
I had to file ITR2 and AIS promptly brought the LTCG. It was 1.4L.
Good thing is I had STCG loss from my US equity (company RSU) and also STCG loss and LTCG loss carried forward from the previous years. That offsetted my LTCG to zero.
That is in a way bad since upto 1L there’s no tax. And now it got offsetted for no benefit.
However it brought down my taxable income and I was lingering above the slab where surcharge increased dramatically. So in total the LTCG offset to zero saved me quite a lot of taxes.
Income tax department would want you to declare the LTCG even if it is below 1L for their benefit of increasing surcharge if that amount makes you cross a tax slab 
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