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2010 (6) TMI 405 - HC - Income Tax
Loss on sale of shares - Tribunal upheld the action of the Assessing Officer of treating the loss on sale of shares as capital loss ignoring the fact that instead of showing the shares as `stock-in-trade' in the balance-sheet it was shown by the assessee under the head `investments' different view not to be taken for subsequent year no substantial question of law Appeal dismissed