Gain earned as acquired from IPO (Public issue) - The intention ...

Case Laws Income Tax

February 13, 2019

Gain earned as acquired from IPO (Public issue) - The intention of the assessee gets manifested from the fact that the scrips have been sold within a very short span of time so as to reap the benefits of listing gains only. - Taxable as business profit only.

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Gain earned as acquired from IPO (Public issue) - The intention ...

Case Laws Income Tax

February 13, 2019

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