Income-tax: Taxing Issue
Moneylife Digital Team 24 February 2011

The ‘trader’ versus ‘investor’ debate continues to flummox shareholder-taxpayers

Paying taxes involves a host of issues that can make life miserable for the honest taxpayer. A common bone of contention between taxpayers and tax authorities is regarding the classification of income from ‘sale of shares’. This debate has been raging for years and refuses to reach its logical conclusion.

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