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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

The sale of gold bonds approaching the due date of redemption, ...


High Court rules gold bonds transaction not part of assessee's regular business activities.

January 13, 2014

Case Laws     Income Tax     HC

The sale of gold bonds approaching the due date of redemption, the repurchase and thereafter sale of the gold was not in the nature of the regular business of the assessee - HC

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