TMI BlogIncome from sale of shares - In the majority of the transactions the period of holding is even less than...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. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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