Poonawalla fincorp
Poonawalla fincorp

Inter Change of STCG & BUSINESS & PROFESSION

This query is : Resolved 

12 June 2021 IN CASE OF STCG FROM THE STOCK MARKET IS ONLY SOURCE OF INCOME, CAN WE CHOOSE EITHER OF BUSINESS OR PROFESSION AND CAPITAL GAIN TAX ! FURTHER CAN WE INTERCHANGE THE HEAD OF INCOME IN THE COMING YEARS DEPENDING UPON OUR SUITABILITY SAY FOR TAX PLANNING PURPOSE TO SAVE TAX!

12 June 2021 Once you treat STCG as business income you can't interchange again.



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