How to Find holding period in case of conversion of stock-in-trade to investment ?

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period of holdingNow it is often found  that  taxpayers who were holding listed shares as stock-in-trade ,  converted his holding in listed shares as stock-in-trade to investment . The obvious reason is the  huge benefit in terms of capital gains exemption under section 10(38) on sale of listed shares . But in all such cases, one crucial data is holding period and the point of controversy remained about the date from which the period of holding  would be counted. The issue has gone to courts and tribunals and now we have almost common decision from courts that

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