Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 1972 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1972 (7) TMI 63 - HIGH COURT OF GUJARATExtract: .......s within the meaning of section 2(42A). The Tribunal was, therefore, not right in holding that the capital gain arising from the sale of the bonus shares did not arise out of the sale of short-term capital assets. We, therefore, answer the question referred to us in the negative. The assessee will pay the costs of the reference to the Commissioner.
|