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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Capital gain vs Business income - The income from share ...


Income from Share Transactions Classified as Business Income; STT Deduction Allowed for Accurate Tax Calculation.

August 16, 2012

Case Laws     Income Tax     AT

Capital gain vs Business income - The income from share transactions has been rightly assessed as business income, however, Security Transaction tax (STT) has to be allowed as a deduction - AT

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