Correct head of income - gain arising on sale of share - If in ...

Tax Officer Challenges Self-Declared Capital Loss as Business Loss in Share Sale Dispute; Income Classification at Stake.

March 1, 2019

Case Laws Income Tax HC

Correct head of income - gain arising on sale of share - If in the later year the assessee had declared a loss on capital side, we wonder whether going against such a self declaration of the assessee, the Assessing Officer had to foist upon the assessee the conclusion that the loss was a business loss.

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Correct head of income - gain arising on sale of share - If in ...

Tax Officer Challenges Self-Declared Capital Loss as Business Loss in Share Sale Dispute; Income Classification at Stake.

March 1, 2019

Case Laws Income Tax HC

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