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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Income from sale of shares - In the majority of the transactions ...

Income Tax

October 22, 2018

Income from sale of shares - In the majority of the transactions the period of holding is even less than one week - not to be treated as an investment, but actuated by motive of sale and purchase so as to earn profit at the earliest occasion - taxable as business income and not as capital gains.

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