Hi @Kaustav_M,
Your short-term loss from NIPPON INDIA ETF LIQUID BEES, should be reported under “From sale of assets other than A1–A5" in your ITR. Even though your broker includes it in overall STCG, debt mutual funds are treated separately, so don’t mix it with normal equity STCG.
Regarding Form 10-IEA, it applies only to ITR‑3 and ITR‑4 filers; others can switch every year without filing Form 10‑IEA. Also, you can switch back to the new regime later but there’s a catch. If you have business/professional income, you can only switch twice in your lifetime:
- Once to move from new → old regime
- Once to move back from old → new regime
After that, you’re locked in unless your income type changes and you no longer have business/professional income.
Sharing the rules to file Form 10-IEA for your reference:
And yes, you can show expenses as zero in your ITR. Since your tax liability is already zero, reporting the Rs. 1,000 won’t affect your final tax.
Hope this helps!