In case of short term gains from equity funds do my father need to pay taxes

My apology for circling back to you. I have a question on the structure suggested by you i.e. invest Rs. 3 Lakhs in Liquid Fund to be exhausted fully in 12 months by equated withdrawal and invest rest in SWP with withdrawal starting after 12 months. I have a question which may sound a bit naive (or even stupid!) - please pardon me! Instead of a combination of Liquid Fund + SWP - a) Can I look at only SWP in an Equity Fund or a Balanced Fund (Equity oriented) and start withdrawal from the first month itself (say Rs. 25000 pm i.e. Rs. 3 Lakhs pa). b) From a taxation angle, this withdrawal will be treated as STCG (< 1 year). c) The total income of my father for the year will be approx Rs. 6 Lakhs (Rs.3.00 Lakhs he presently receives from Bank FDs + Rs. 3.00 Lakhs SWP). d) I can look at investing further in one of the avenues available under Section 80C to cover the excess of Rs. 1 Lakh over and above the exemption limit of Rs. 5.00 Lakhs available to Super Senior Citizens. Am I missing something in the above thought? I shall appreciate your time and feedback on the above?