Foreign exchange

As you said that business has nothing to do with Foreign Exchange, the question of this income charged under the head income from business & profession does not arise. This income will not be charged under the head capital gains because it does not come under the definition of capital assets. This Income will be taxed under the head Income from other sources after considering the foreign exchange fluctation at the time of depositing amount from the foreign branch to the domestic branch. Others' Views are welcome.