TMI BlogGain earned as acquired from IPO (Public issue) - The intention of the assessee gets manifested from the...Gain earned as acquired from IPO (Public issue) - The intention of the assessee gets manifested from the fact that the scrips have been sold within a very short span of time so as to reap the benefits of listing gains only. - Taxable as business profit only. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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