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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Nature of investment - in the nature of trade or not - Assessee ...

Income Tax

October 2, 2015

Nature of investment - in the nature of trade or not - Assessee had changed the treatment of the shares by treating them as investment instead of stock in trade - income tax authorities, ought to strictly scrutinise such claims as to 'regrouping' of figures appearing in the audited and signed accounts by an Assessee subsequent to such signing. - HC

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