TMI BlogIncome from BSE Shares: Long-Term Capital Gains or Business Income? Classification Depends on Holding Period from 'BSE Card' Acquisition Date.Acquisition of BSE shares - LTCG OR business income - holding period of the asset is to be calculated from the acquisition of date of ‘BSE card’ and not from the date of conversion of ‘BSE card’ into equity shares - held as LTCG ..... X X X X Extracts X X X X X X X X Extracts X X X X
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