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![Receipts from Share Transaction through Portfolio Manager is not ‘Business Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Share-Trading.jpg "Receipts from Share Transaction through Portfolio Manager is not ‘Business Income’: ITAT [Read Order]")
Receipts from Share Transaction through Portfolio Manager is not ‘Business Income’: ITAT [Read Order]
In Shonaben Jayesh Parikh v. ACIT, the Ahmedabad ITAT held that the income received from purchase/sale of shares through Portfolio Manager cannot be...