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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Purchase and sale of share & securities - It is a clear case of ...


Income from Buying and Selling Shares Classified as Business Income Due to Profit Motive and Risk Involvement.

November 20, 2013

Case Laws     Income Tax     AT

Purchase and sale of share & securities - It is a clear case of systematic activity being perused with a profit motive, deploying capital and bearing the concomitant risk - Held as business income - AT

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