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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Income from sale of shares – Income treated as business income ...


Income from Share Sales Classified as Business Income, Not STCG, Due to End-of-Day Delivery Choices Based on Price Movements.

August 9, 2014

Case Laws     Income Tax     AT

Income from sale of shares – Income treated as business income OR STCG – the assessee decides to take delivery of shares purchased by her only at the end of the day depending upon the price movement of those shares - held as business income - AT

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