Sunday, June 8, 2014

[aaykarbhavan] No reassessment to tax gains on share dealing as business income if once taxed as capital gains after verification




No reassessment to tax gains on share dealing as business income if once taxed as capital gains after verification

June 9, 2014[2014] 45 taxmann.com 207 (Gujarat)
IT: Once income from sale purchase of shares was treated as capital gain after verification of all relevant details, reassessment could not be allowed to treat same as business income
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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