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Capital gain or business turnover

This query is : Resolved 

Sir,
Assessee trading shares on the basis of delivery basis through Stock Exchange paid STT. How to treat the trading of Sales turnover as business income or STCG on shares(assume holding below 12 months)?

It's STCG as it's delivery based trading.

Sir, If the holding period more than 12 months and sold?

It's long term capital gains.



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