Tag: Correct head of income transaction is in the nature of business or profession.

Income from shares transactions - Whether Business Income or Capital Gain Income?     ITAT DELHI DCIT, CIRCLE-10 (1) , NEW DELHI. VERSUS M/S. DIVYA SHAKTI TRADING SERVICES LTD., (NOW M/S. INDIABULLS ADVISORY SERVICES LTD.) I.T.A. No.5178/DEL/2012 Short Overview of the Case:  Issue was with regard ...