Avoidance of tax by sale and buy-back transaction in security

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y-back transaction in security 109. The total income of any person shall include any interest accruing from any security owned by any other person if,- (a) the person undertakes a transaction relating .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X