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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Loss on revaluation of security - securities maintained as per ...


Court Rules 30% of Securities as Stock in Trade, 70% as Long-Term Assets Under RBI Guidelines, Affecting Tax Treatment.

June 3, 2013

Case Laws     Income Tax     HC

Loss on revaluation of security - securities maintained as per RBI Guidelines - only 30% treated as stock in trade - 70% treated as long term asset - HC

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