Machinary sale

Because it's included in Defination of Capital Asset. and Simple our goverment make the law and we have to follow

Thats not very cool idea

First Thing You Have To Be Clear That All The Assessee Is Not Doing Trade In Movable Property So For Them It Is Investment... If They Are Traded In Movable Property Then Only They Will Classfied As Stock In trade and Question of Profits Arises and Will Taxable Under PGBP...