Comment on Trading Q&A
commented on
30 Dec 2016, 12:32 PM
Yes, you can claim the LTCG benefit while being a trader trading the F&O segment. But to do that, you’ll have to have a clear distinction between your F&O and Equity trades and you’ll have to maintain proper books of accounts. As long as you’re able to convince the assessing officer (if needed), you could claim the benefit of all LTCG’s.