A two-judge bench of the Bombay High Court has held that the holding of shares for a short period only will not convert capital gain into business income. Justices M S Sanklecha and Akil Kureshi have held that this would be contrary to be legislative mandate which itself provides that investment held for less than […]
The post Mere Holding Shares for a Short Period won’t constitute Business Income: Bombay High Court [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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