Treatment of sale of equity shares under Portfolio management ...

High Court Rules Equity Share Sales Under Portfolio Management as Capital Gains, Not Business Income, Impacting Tax Treatment.

May 1, 2014

Case Laws Income Tax HC

Treatment of sale of equity shares under Portfolio management scheme – Business income OR capital gains – Tribunal had erred in holding the transactions to be income from business and profession - HC

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Treatment of sale of equity shares under Portfolio management ...

High Court Rules Equity Share Sales Under Portfolio Management as Capital Gains, Not Business Income, Impacting Tax Treatment.

May 1, 2014

Case Laws Income Tax HC

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Correct head of income - income arising on sale of shares held as capital asset after conversion from stock in trade - business income or capital gains - Tribunal erred...

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