Investment in mutual funds

What is the difference between the following two options given the fact that Proprietor's personal income is clubbed with the Proprietory Firm's income when filing income tax return?

- Proprietory Firm A invests in mutual funds in it's name & generates short term return

- Proprietor of A invests in mutual funds in his/her name & generates short term return

Replies (1)

If the income is clubbed, then STCG would also be clubbed.  Doesn't make any difference.

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