Transaction of shares - Assessment of income - the shares held ...

Trust's Share Transfers Taxed as Capital Gains; Trust Must Report Gains as Income from Capital Assets.

November 3, 2015

Case Laws Income Tax AT

Transaction of shares - Assessment of income - the shares held by the assessee trust are capital assets in its hands and gain arising on the transfer of these shares by the assessee trust, shall be taxable under the head income from the capital gains in the hands of assessee trust. - AT

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Transaction of shares - Assessment of income - the shares held ...

Trust's Share Transfers Taxed as Capital Gains; Trust Must Report Gains as Income from Capital Assets.

November 3, 2015

Case Laws Income Tax AT

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