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Income Tax - Highlights / Catch Notes

Home Highlights October 2012 Year 2012 This

LTCG or PGBP - derivative by itself cannot be termed as an ...


Derivatives Tax Classification: Long-Term Capital Gains or Business Profits? Depends on Handling of Associated Securities.

October 1, 2012

Case Laws     Income Tax     AT

LTCG or PGBP - derivative by itself cannot be termed as an investment or stock in trade. - dealing with those shares/securities will determine whether an investment is made or stock-in-trade is procured. - AT

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