This discussion clarifies how to report Long Term Capital Gains (LTCG) with indexation for certain mutual funds, specifically the Motilal Oswal Nasdaq 100 Fund of Fund, within the ITR-3 tax return. Despite being an equity fund, it's treated as a debt fund for indexation purposes if held for over three years. These gains should be declared in column 9 of Schedule CG.
26 August 2025
In my KFintech capital gain report, a few entries for Motilal Oswal Nasdaq 100 Fund of Fund are showing under Long Term Capital Gain with Indexation.
Since this is an equity fund, I’m confused. How should I report these gains in ITR-3?