28 March 2013
If some pvt co. is involved in the business of Shares (i.e . Sale and purchase of shares), @ what rate of income tax will be applicable to it??
28 March 2013
You need to check various criterias set out in the Circular No. 4/2007 issued by CBDT for determining whether it is business income(charegable @ 30%) or capital gain.
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