Gain on sale of shares - long-term capital gain or profits and ...

Case Laws Income Tax

March 17, 2023

Gain on sale of shares - long-term capital gain or profits and gains of business - distinction between “investment” and “stock-in-trade” - the circulars can be referred to by the assessee and they being at least partially beneficial to the assessee has to be held to be retrospectively applicable in so far as the instructions/clarifications which enure in favour of the assessee’s. - HC

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Gain on sale of shares - long-term capital gain or profits and ...

Case Laws Income Tax

March 17, 2023

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