Correct head of income - income arising on sale of shares held ...

Income Tax

June 19, 2020

Correct head of income - income arising on sale of shares held as capital asset after conversion from stock in trade - business income or capital gains - Tribunal erred in treating the income arising on sale of shares held as capital asset after conversion from stock in trade as business income.

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Correct head of income - income arising on sale of shares held ...

Income Tax

June 19, 2020

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