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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Share transaction - The sole reason assigned by AO for coming to ...

Case Laws     Income Tax

June 26, 2015

Share transaction - The sole reason assigned by AO for coming to the conclusion that the shares were held as stock in trade was that the shares were transferred on the same date on which it was purchased. This finding is completely erroneous on the face of it - AT

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