I have profit on buy back of shares by company, which is exempted u/s 10(34A).
it is short term gain.
My query is:
Shall I show it under STCG in ITR2 or I show it directly in Exempt income schedule..
This buyback income is just Rs.7500, if I add it in STCG it will not make any difference in Tax amount, as overall total income is below 7 lacs, no tax payable.
What is the right thing to do? Show in Exempt income schedule, or Show as STCG.
Please guide.
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