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Sale of shares demarcated as investment in balance sheet chargeable to tax as capital gains
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Corporate Tax
Sale of shares demarcated as investment in balance sheet chargeable to tax as capital gains
Posted on
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February 25, 2019
Tenet Tax Daily February 25 2019
By
tenettax-team
Corporate Tax
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AO couldn’t invoke rule 8D without proving that sec. 14A disallowance made by assessee was unsatisfactory
Expenses being in nature of revenue exp. to be allowed despite different treatment in books of account
