SLP dismissed against ruling that profit arising from sale of shares by settler of trust was capital gain income

INCOME TAX: Where High Court upheld Tribunal's order holding that profit arising to assessee trust from sales of shares was to be treated as capital gain exempt from tax under section 10(38) having regard to fact that shares in question were settled by settler of trust who kept those shares for over two years, SLP filed against order of High Court was to be dismissed

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