Thursday, July 19, 2018

SC considers intentions of owner to classify profit from sale of shares as Cap Gains

IT: SLP dismissed against High Court ruling that where assessee had purchased shares with clear intention of being an investor and held shares by way of investment, gain arising out of transfer of shares should be treated as capital gains and not business income

from www.taxmann.com Latest Case Laws https://ift.tt/2JB7ILO

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