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Speculative transaction

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(Querist)
25 April 2015 Suppose A Transfer it's Shares to B now and immediately B will transfer them to out sidea investor. this transaction will be treated as a speculative transaction or not?



Suppose it is aspeculative transaction what will be the tax effect.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
25 April 2015 yes if the transfer was made without receiving the shares in demat.

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