Liquid fund STCG show - Income head

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This discussion clarifies how to report Short Term Capital Gains (STCG) from liquid fund redemptions in your Income Tax Return (ITR). STCG from liquid funds, taxed at your income slab rate, should be declared under the 'Schedule CG' section, specifically under 'Full value of consideration in respect of assets other than unquoted shares'.

Pratik Patel

Pratik Patel (Querist)

02 September 2025 Dear Sir/Madam,

If gain from liquid fund redemption where to show ?
STCG period for liquid fund is 24 months and it is taxable as per income slab rate.
Then how it would show under ITR and where?

Thanks and regards,

Pratik N Patel

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

02 September 2025 Schedule CG....
5 From sale of assets other than at A1 or A2 or A3 or A4 above A5
a ii Full value of consideration in respect of assets other than
unquoted shares .................. A5a ii

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

20 September 2025 Good Luck..

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