Capital Gain or business income - surplus on sale of shares and ...

Case Laws Income Tax

October 7, 2020

Capital Gain or business income - surplus on sale of shares and securities - the assessee has maintained distinction between trading assets and nontrading assets and has treated the transaction in shares and securities as investment then, the Assessing Officer could not have treated the same as business transaction so as to treat the surplus as business income - HC

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Capital Gain or business income - surplus on sale of shares and ...

Case Laws Income Tax

October 7, 2020

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