TMI BlogConversion of shares from stock-in-trade to investments - Once the shares were held as investments, the...Conversion of shares from stock-in-trade to investments - Once the shares were held as investments, the gains arising out of the sale of investment were to be assessed under the head capital gains and not under the head business profits. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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