Transaction in the nature of adventure - Capital gain or ...

Isolated Transactions: Comprehensive Evaluation Needed to Classify as Capital Gain or Business Income.

May 23, 2015

Case Laws Income Tax HC

Transaction in the nature of adventure - Capital gain or business income - Ordinarily an isolated transaction cannot be the sole criterion to test as to whether it is in the nature of trade or sale of investment. A holistic and overall view of the transaction has to be taken. - HC

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Transaction in the nature of adventure - Capital gain or ...

Isolated Transactions: Comprehensive Evaluation Needed to Classify as Capital Gain or Business Income.

May 23, 2015

Case Laws Income Tax HC

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