Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2011 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (5) TMI 973 - AT - Income TaxExtract: .......der consideration, we find that the learned CIT(A) was right in holding that the income from sale of shares is chargeable to tax under the head “capital gains” and not “business income”. We, therefore, uphold the order. 5. In the result, appeal of the Revenue is dismissed. Order pronounced in the open court on 27th May 2011.
|