Income from Share Sales Classified as Business Income, Not STCG, Due to End-of-Day Delivery Choices Based on Price Movements.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Income from sale of shares – Income treated as business income OR STCG – the assessee decides to take delivery of shares purchased by her only at the end of the day depending upon the price movement of those shares - held as business income - AT....