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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Income on sale of shares and units of mutual funds - capital ...

Case Laws     Income Tax

June 24, 2013

Income on sale of shares and units of mutual funds - capital gain v/s business income - CBDT Instruction No.1827 - AO is not justified in treating the assessee as dealer in shares and securities - AT

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  11. Income derived from the sale of equity shares - business income or Long Term Capital Gain - the said equity shares not only for one year but for more than 16 years and...

  12. Correct head of income - Gain on sale of shares - nature of purchase of shares either as “investment” or “stock-in-trade” - AO has not given any clear cut finding that...

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