GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

During the last few years assessee company followed the same practice of holding certain shares under the head Investment and some shares as Stock in trade . Therefore as the assessee was holding the shares as investment consistently and the same were acquired out of own funds there was no reason to treat the same as business income.

Income Tax - During the last few years assessee company followed the same practice of holding certain shares under the head “Investment” and some shares as “Stock in trade”. Therefore, as the assessee .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version