I have short term capital gains in my Zerodha account. What does this mean?

Income Tax
1

I did some trading this year and I was seeing my report which said I have approx 5700 in short-term capital gains. What does this mean? Do I need to report this when I file my taxes?

2

Hey Aishwarya,

Yes, it is advisable to report all your capital gains. The tax treatment depends upon whether they are STCG or LTCG.

Learn about short term capital gains and tax treatment of capital gains in this article.