I have read that gains from Gold ETF if realized after 3 years, is considered as LTCG and taxed at 20%. Gains realized before 3 years are considered STCG and taxed as per slab rates.
But in the Zerrodha Tax P&L statement, I see that my profit from sale of Goldbees that I held for just 920 days is shown as long-term gains. 920 days is less than 3 years, so shouldn’t it be a short-term gain?
Same thing I see for Liquidbees and SGB. Can anyone help, if Zerodha is categorizing it incorrectly or if I am missing something.