Archive | Capital Gains

New Guidance on treatment of sale of shares – as capital gain or business income?

Whether your gains/losses from sale of shares should be treated as business income or be taxed under capital gains, has been a matter of much debate. In case of significant share trading activity (e.g. if you are a day trader with lots of activity or if you trade regularly in Futures and Options), usually your […]

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Efiling on ClearTax

Long-term gains from equity investments in ITR forms

Long-term capital gains from different sources are treated differently from an income tax perspective. In case of equity-related investments, all long-term capital gains are tax-free. For equity instruments, long-term is defined as a period of 12 months. Hence, all gains from equity investments that are held for over one year will be completely exempt from […]

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