Tax applied on gold bees or gold ETF

it assessess buying of gold bees or any gold eft from exchange and after selling 5 days.
question:
assessess tax applied on gold bees or gold ETF in it act.
Replies (2)
Quick Summary
This discussion clarifies the tax treatment for Gold ETFs and Gold Bees under the Income Tax Act. It explains that profits from buying and selling these instruments can be subject to tax under the 'Income from Other Sources' (IFOS) if transacted only once. However, for regular trading, these are typically considered capital gains.

Yes, under head IFOS, if transacted only once.

Why IFOS ? It needs to be in CG

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