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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Transaction of shares - nature of income - business income or ...


Debate on Classifying Income from Share Transactions: Business Income vs. Capital Gain; Transaction Size Irrelevant.

October 8, 2016

Case Laws     Income Tax     AT

Transaction of shares - nature of income - business income or capital gain - magnitude of transactions carried out by the assessee in our view should not be very material in coming to the conclusion that income in question is income from business. - AT

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