Saturday, May 31, 2014

[aaykarbhavan] Irregular trading of shares with less frequency is an investment activity; resultant profit is capital gain




 

Irregular trading of shares with less frequency is an investment activity; resultant profit is capital gain

May 31, 2014[2014] 45 taxmann.com 182 (Delhi)
IT: Where shares were held as investment and same were not traded regularly and frequency and volume of transaction were less, it had to be treated as investment activity and not as business
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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