Tribunal Bench clarifies Buying and Selling of Shares can’t be Business

Single Transaction of Buying and Selling of Shares can’t be Business Activity

Single Transaction of Buying and Selling of Shares can't be Business Activity

The Income Tax Appellate Tribunal (ITAT) Chennai bench recently ruled that a single trade of sale and purchase of equities cannot be classified as a commercial activity to levied ITR Filing on a citizen. In this article, we shall discuss the latest notification relating to the single transaction of Buying and Selling of Shares can’t … Read more