Can i declare LTCG income as business income if I am quitting the job mid-year.

Amit Kulkarni (1 Points)

22 November 2024  

Hi,

I am a salaried person. I am planning to quit my job in May 2025.

And sell off some of my long term stock holdings.

Can I declare the gain as business income?

Because the salary I receive will be minimal and it will be benefitial for me to declare the Long term gain as business income.