Home
Direct Taxation
Transfer of shares from stock-in-trade to investment doesn't result into any income; HC sets aside reassessment
Transfer of shares from stock-in-trade to investment doesn't result into any income; HC sets aside reassessment
The High Court of Gujarat held that Transfer of
shares by assessee form stock-in-trade to
investment did not result into any immediate
income accruing to it which could be taxed in
assessment year in question.
0 comments:
Post a Comment