Income earned by the assessee out of investments in securities ...
Taxpayer's Investment Income via Kotak Securities Classified as 'Capital Gains', Not 'Business Income'.
June 26, 2018
Case Laws Income Tax AT
Income earned by the assessee out of investments in securities using specialized professional services of PMS – Kotak Securities Ltd., such income becomes taxable under the head ‘Capital Gains’ and the same should not be construed as ‘Business Income’
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