Sec. 43(5) has no application to FIIs in respect of “securities” ...

Section 43(5) Inapplicable to FIIs: Securities Income Classified as Capital Gains u/s 115AD Explanation.

December 12, 2013

Case Laws Income Tax AT

Sec. 43(5) has no application to FIIs in respect of “securities” as defined in Explanation to sec. 115AD, income from whose transfer is considered as short term or long term capital gains - AT

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Sec. 43(5) has no application to FIIs in respect of “securities” ...

Section 43(5) Inapplicable to FIIs: Securities Income Classified as Capital Gains u/s 115AD Explanation.

December 12, 2013

Case Laws Income Tax AT

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