An individual trades in Equity.
He buys Equity Shares worth Rs 6 Lakhs of a listed Company;sells it and again buys Equity Shares worth Rs 5 Lakhs of the same company and again sells it;within the same Financial Year.
The trader is not holding any Equity of the said Company at the end of the Financial Year.
Since, the value of Equity Shares bought of the same company exceeds Rs 10 Lakhs; would it be treated as a High Value Transaction?
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