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Business of advancing money and cash - capital asset v/s stock-in-trade - From the application of funds it cannot be said that the principal business of the assessee is borrowing and lending money. - HC

Income Tax - Business of advancing money and cash - capital asset v/s stock-in-trade - From the application of funds it cannot be said that the principal business of the assessee is borrowing and lending money. - HC - TMI Tax Updates - Highlights .....

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