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Income Tax Updates

No requirement of script wise reporting for Intraday and Short Term Trading

The Finance Act,2018 allowed exemption to the gains made on the listed shares/specific units up to 31.01.2018 by introducing grandfathering mechanism for computation of long term capital gain for these shares. The script wise details in the return of income for AY 2020-21 is required to be filled up only for the reporting of the …

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