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Can Equity LTCG and STCG be shown as business income?

April 11, 2024
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ron94

April 11, 2024, 6:49am

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If one has an LTCG loss, a STCG acquire and a few fno revenue, can the fairness LTC loss and STCG be proven as enterprise revenue?In earlier years, ITR 3 has been filed with fno as enterprise revenue and LTCG/STCG has been filed as capital good points revenue.Secondly, if one holds SGB, then on maturity the good points aren’t taxable as it’s exempt from capital good points.Nonetheless, if one reveals the fairness LTCG and STCG as enterprise revenue, will one have to point out good points from SGB additionally as enterprise revenue , thereby making it taxable? @Quicko

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