Income from purchase and sale of shares - majority of the ...

Income Tax

January 14, 2019

Income from purchase and sale of shares - majority of the profits earned are through buying and selling of shares which taken place within a period of 10 days and 100% share transactions were completed within one month - Since the assessee has treated the securities as investment, the revenue is not permitted to take a contrary view.

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Income from purchase and sale of shares - majority of the ...

Income Tax

January 14, 2019

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