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Income from sale of shares treated as capital gain even when it witnessed higher frequency of transactions
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Corporate Tax
Income from sale of shares treated as capital gain even when it witnessed higher frequency of transactions
Posted on
on
March 3, 2014
Tenet Tax Daily March 01 2014
By
tenettax-team
Corporate Tax
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Disallowance of expenditure paid to holding company in absence of documents disallowed under sec. 40A(2)
Period of holding of a flat reckoned from date of allotment letter as such letter extinguished all rights of seller
