Raising a child as a single mother in India can be challenging, especially when it comes to managing finances.
Amit Gupta examines the taxation of dividend-paying stocks, share buybacks, and bonus shares.
Amit Gupta, MD, Sag Infotech, answers your personal income tax queries.
If the shares are purchased for investment, then it would be treated as a capital asset and taxed as capital gains.
But if the shares are bought and sold in a short duration repeatedly, then it would be taxed as business income, explains Amit Gupta.
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