LT Gain from Market Linked Debentures (MLD)

This discussion focuses on how to correctly report Long-Term Capital Gains (LTCG) from Market Linked Debentures (MLDs) in the new ITR 2 form. It clarifies that MLDs are considered trading instruments and explains how to declare gains from those held for over 15 months. The thread also addresses whether these LTCGs can be offset against Short-Term (ST) and Long-Term (LT) capital losses from equities incurred in the same financial year.