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?