Conversion of shares from stock-in-trade to investments - Once ...

Gains from Shares Converted to Investments Assessed as Capital Gains, Not Business Profits, Once Classified as Investments.

February 16, 2013

Case Laws Income Tax HC

Conversion of shares from stock-in-trade to investments - Once the shares were held as investments, the gains arising out of the sale of investment were to be assessed under the head capital gains and not under the head business profits. - HC

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Conversion of shares from stock-in-trade to investments - Once ...

Gains from Shares Converted to Investments Assessed as Capital Gains, Not Business Profits, Once Classified as Investments.

February 16, 2013

Case Laws Income Tax HC

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