Capital gains
This query is : Resolved
saitejaswi
(Querist)
23 March 2014
I have capital gain on shares & at the same time i don't have any business activity can i show my gain on shares under the head business instead of capital gains?
Nikhil Kaushik
(Expert)
23 March 2014
you may do so...but make sure to follow consistency in your tax claims...
saitejaswi
(Querist)
25 March 2014
But under the head business how can we calculate short term & long term capital gain & sec10(38) exemption for long term capital gain can be taken?
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