Is there any GAP in Tax P&L for LIQUIDBEES ? Is there any other thing need to consider while filing an ITR.
As per the following link “How are the dividends on Liquid ETFs and Liquid BeES taxed?” , the reinvested dividend should be treated as Capital gains whereas the initial dividend will be from dividend income. Apologize if my question confusing or may be very basic.
The reason I am asking is , after I sold LIQUIDBEES, both capital quantity + Dividend Quantity profit is coming under STCG. So bit confused on ITR process. could you please confrim.