Nature of Income – Mutual funds sold - business income or ...

Income from Mutual Fund Unit Sales Classified as Capital Gains, Not Business Income, Due to Non-Transferability.

April 8, 2014

Case Laws Income Tax HC

Nature of Income – Mutual funds sold - business income or capital gains - units of mutual funds are not freely transferable nor tradable and thus cannot be categorized as Business - HC

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Nature of Income – Mutual funds sold - business income or ...

Income from Mutual Fund Unit Sales Classified as Capital Gains, Not Business Income, Due to Non-Transferability.

April 8, 2014

Case Laws Income Tax HC

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