https://www.taxtmi.com/circulars?id=5027 Treatment of securities concerns whether holdings are treated as stock-in-trade or as investment. The circular states that, consequent to a judicial judgment, an earlier administrative guidance (Circular No.599) is withdrawn, altering the administrative stance on classification of securities and removing that circular from continued application. en-us Wed, 31 Jul 1991 00:00:00 +0530 Fri, 08 Aug 2008 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5027 Treatment of securities concerns whether holdings are treated as stock-in-trade or as investment. The circular states that, consequent to a judicial judgment, an earlier administrative guidance (Circular No.599) is withdrawn, altering the administrative stance on classification of securities and removing that circular from continued application. Circulars Income Tax Wed, 31 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5027