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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Correct head of income - gain arising on sale of share - If in ...

Case Laws     Income Tax

March 1, 2019

Correct head of income - gain arising on sale of share - If in the later year the assessee had declared a loss on capital side, we wonder whether going against such a self declaration of the assessee, the Assessing Officer had to foist upon the assessee the conclusion that the loss was a business loss.

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