Profit on sale of shares

This query is : Resolved 

17 June 2011 Sale of Shares within 1 year, whether STCG or Business Profit under the head PGBP ?

17 June 2011 IF THE TRADING IS ON DAILY BASIS THEN WILL BE TAXABLE UNDER HEAD PGBP AND IF TURNOVER IS EXCEED OF RS. 60 LACS THEN TAX AUDIT IS MANDATORY



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