Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court
May 13, 2017
High Courts, Income Tax, Judgments
Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court in view of CBDT Circular No. 06/2016 ABCAUS Case Law Citation: ABCAUS 1242 (2017) (05) ITAT The Grievance: The appellant Revenue was aggrieved by the order passed by the …