Regarding Trading & Investment in Shares and MF in the context of Income tax return


This query is : Resolved 

Quick Summary
This discussion explores whether trading and investment gains or losses in shares and mutual funds can be declared under the 'Business Head' of an Income Tax Return (ITR), rather than 'Capital Gains'. The consensus is that this is permissible for both Hindu Undivided Families (HUFs) and housewives with only interest income, provided the same method of disclosure is maintained consistently each year.

11 August 2025 Respected Colleagues,
My First Ques:
If HUF opens a demat account and starts trading or investment in Shares & MF, then can we reflect the gains or Losses under Business Head of ITR instead of Capital Gains ?

My Second Ques is:
If a house wife having no income except interest income from banks but trading and investmnent in Shares & MF
then also in this case can we reflect gains or losses under business head of ITR or under Capital Gains?

11 August 2025 Yes, in both cases; provided you maintain the same line of disclosure every year.

12 August 2025 Thanks a lot sir...........

12 August 2025 You are welcome.

23 September 2025 Good luck....


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