banner_ad

Capital gain or business income ?

419 views 3 replies
Can i show my gain from shares as business income or is it mandatory to show it as STCG, LTCG?

as business income will be profitable for me.
Replies (3)
It's not business income.

it depends on how you are accounting the transactions on regular basis. if equity holdings are treated as stock in trade, then incomes from sales of such equity is included in business income. Kindly refer to CBDT Circular 6/2016 dated 29 February 2016.

Just keep in mind that in case your income goes up, it may become less beneficial for such income to be taxed under business income. 

So whatever you may do, take your decision based on long term tax planning.

 

Thank you so much for your response.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details