TMI BlogJust because by shifting the head of income, the assessee would be hit by tax liability cannot be ground...Just because by shifting the head of income, the assessee would be hit by tax liability cannot be ground enough for shifting the capital gains disclosed by the assessee to the business head, especially when the property has been shown as an investment by the assessee and the same has also been clearly demarcated. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|