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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Capital gain on sale of shares – If the purchases and sales are ...


Classify Share Sales: Trading if Held <90 Days, Investment if Held >90 Days.

November 4, 2013

Case Laws     Income Tax     AT

Capital gain on sale of shares – If the purchases and sales are effective within 90 days then they should be treated as trading of shares and if the transactions are held more than 90 days then those purchase and sales should be treated as investment portfolio - AT

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