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2018 (2) TMI 58 - BOMBAY HIGH COURTIncome from sale of shares - treatment of Long Term Capital Gains or busniss income - Held that:- Tribunal is justified in confirming treatment of Long Term Capital Gains and Short Term Capital Gains as income from business Appeal is admitted on the substantial question of law at (b) - Whether in the facts and circumstances of the case and in law, the Tribunal was justified in holding that once an assessee trades in shares then, ipso facto even bonus shares received by the assessee are to be held as trading stocks ?
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