Business income vs. capital gain - net surplus shown by the ...

Assessee's Net Surplus from Investment Sale Taxed as Capital Gains, Not Business Income, per Section 45.

May 23, 2012

Case Laws Income Tax AT

Business income vs. capital gain - net surplus shown by the assessee is the capital gain on account of the sale/redemption of the assessee's investment and the same is taxable under the head 'capital gains' and not as business income. - AT

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Business income vs. capital gain - net surplus shown by the ...

Assessee's Net Surplus from Investment Sale Taxed as Capital Gains, Not Business Income, per Section 45.

May 23, 2012

Case Laws Income Tax AT

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