10 October 2012
Read With AS 30. You Will Get Ful Detail.
Company Can Treat Investment or Stock, What The Management Decide.
Can Transfer Stock to Investment, Transfered to Invetment at market Value or Cost WhichEver is Lower, & Treat Balance as PGBP income & After That Whatever may be, LTCG or STCG or Loss, Will Chargeable Under Section 45 of Capital Gain Taxes.