Correct head of income - income arising on sale of shares held ...

Tribunal Misclassifies Share Sale Income: Should Be Capital Gains, Not Business Income, Post-Conversion to Capital Assets.

June 19, 2020

Case Laws Income Tax HC

Correct head of income - income arising on sale of shares held as capital asset after conversion from stock in trade - business income or capital gains - Tribunal erred in treating the income arising on sale of shares held as capital asset after conversion from stock in trade as business income.

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Correct head of income - income arising on sale of shares held ...

Tribunal Misclassifies Share Sale Income: Should Be Capital Gains, Not Business Income, Post-Conversion to Capital Assets.

June 19, 2020

Case Laws Income Tax HC

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