Business income OR STCG - Sale of shares – purchases as well as ...

Court Classifies Income from Share Sales as Business Income Due to Profit Motive and Regular Trading Activity.

May 8, 2014

Case Laws Income Tax HC

Business income OR STCG - Sale of shares – purchases as well as turnover are continually increasing and the assessee has regularly dealt in purchase and sales of shares - Profit motive is also clearly evident - held as business income - HC

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Business income OR STCG - Sale of shares – purchases as well as ...

Court Classifies Income from Share Sales as Business Income Due to Profit Motive and Regular Trading Activity.

May 8, 2014

Case Laws Income Tax HC

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