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STCG v/s Business Income

Started by CA.BHUPENDRASHAH, January 13, 2011, 04:03:13 PM

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After the introduction of Sec. 111-A having concessional rate of tax on STCG of 10%, lots of cases are decided in favour and against the assessees.
To resolve this controversy, why not a special bench?


Very difficult. There can be no hard and fast rule for that.There is lots of subjectivity involved. Facts of each case differs. No hard and fast rule can be applied.