Business income vs. capital gain - net surplus shown by the ...

Income Tax

May 23, 2012

Business income vs. capital gain - net surplus shown by the assessee is the capital gain on account of the sale/redemption of the assessee's investment and the same is taxable under the head 'capital gains' and not as business income. - AT

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Business income vs. capital gain - net surplus shown by the ...

Income Tax

May 23, 2012

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