Addition made by treating LTCG as Income from other sources – ...
Court Reclassifies Share Sale Gains as Income, Not Investments, Due to Suspected Tax Manipulation Under LTCG Rules.
May 2, 2014
Case Laws Income Tax AT
Addition made by treating LTCG as Income from other sources – Sale of shares – transactions in purchase and sale of shares is just a colourable device especially when the assessee had not done any such transaction in the preceding or subsequent year - AT
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