Nature of activity - Capital Gains/loss or income from business ...

Income from Flat Sales: Capital Gains or Business Income? Intent and Holding Period Key to Classification.

December 30, 2019

Case Laws Income Tax AT

Nature of activity - Capital Gains/loss or income from business - sale of flats - there is a merit in the contentions of the assessee that if the intentions were to deal on a systematic and repetitive manner, then no businessmen will lock its funds for three years for his trading activities.

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Nature of activity - Capital Gains/loss or income from business ...

Income from Flat Sales: Capital Gains or Business Income? Intent and Holding Period Key to Classification.

December 30, 2019

Case Laws Income Tax AT

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