Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1970 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1970 (7) TMI 9 - HC - Income TaxSurplus from sale of shares - assessee has no intention at any time to use his shareholding at his stock-in-trade and make a profit by sale - purpose of sale was to change investments - therefore, surplus received is capital accretion not profit of business
|