Gain earned as acquired from IPO (Public issue) - The intention ...

IPO Gains Taxable as Business Profit Due to Quick Sale for Listing Gains, Says Court.

February 13, 2019

Case Laws Income Tax AT

Gain earned as acquired from IPO (Public issue) - The intention of the assessee gets manifested from the fact that the scrips have been sold within a very short span of time so as to reap the benefits of listing gains only. - Taxable as business profit only.

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Gain earned as acquired from IPO (Public issue) - The intention ...

IPO Gains Taxable as Business Profit Due to Quick Sale for Listing Gains, Says Court.

February 13, 2019

Case Laws Income Tax AT

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