Exemption u/s 10(38) - New shares are purchased deploying funds ...

Income Tax

September 17, 2013

Exemption u/s 10(38) - New shares are purchased deploying funds realized on the sale of such shares. To contend, therefore, of some such shares as being capital assets on the premise that the same are sold beyond one year of their purchase, is, therefore, clearly untenable. - AT

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Exemption u/s 10(38) - New shares are purchased deploying funds ...

Income Tax

September 17, 2013

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