Circular 6/2016 by ashutoshteamlogic | Mar 30, 2023 | Direct Tax | 0 comments Circular 6/2016 giving choice to treat shares as stock-in-trade or capital asset has retro effect. CIT v. Century Flyboards (I) Ltd. – [2023] 148 taxmann.com 301 (Calcutta). Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment.