Shares Buyback Profit income as Capital gains or Business Income

I treat my share trading income (F&O and Equity) as business income by filing ITR 3. Please tell me as to how should I treat the Buyback Profit from shares as Capital Gains or Business Income

Hey @amolB,

If you are consistently treating your share trading activity (including F&O and equity trading) as business income in ITR-3, then the profit from buyback of shares should also be reported as business income.

Hi… Thank you for your reply, sorry but are you sure? because Google AI thinks otherwise… kindly refer screenshot…