Capital gain or business income - Sale of Shares - The shares ...

Court Rules Share Purchase with Borrowed Funds Doesn't Prove Trading Intent; Source of Funds Not Decisive for Income Classification.

September 10, 2013

Case Laws Income Tax HC

Capital gain or business income - Sale of Shares - The shares had been purchased out of borrowed funds and yet the Apex Court held that the same would not by itself indicate/evidence an intent to deal in shares. - HC

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Capital gain or business income - Sale of Shares - The shares ...

Court Rules Share Purchase with Borrowed Funds Doesn't Prove Trading Intent; Source of Funds Not Decisive for Income Classification.

September 10, 2013

Case Laws Income Tax HC

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