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HC directs ITAT to consider in detail issue of nature of income from sale of shares as business income or cap gains

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  • HC directs ITAT to consider in detail issue of nature of income from sale of shares as business income or cap gains
Posted onon September 11, 2014

Tenet Tax Daily September 10 2014

By tenettax-team
Corporate Tax

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Re-assessment affirmed as commission paid to foreign agent was included in cost of asset to escape TDS liability
HC directs ITAT to consider in detail issue of nature of income from sale of shares as business income or cap gains

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