110 results for “capital gains”+ Section 9clear
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In the result, the appeal of the assessee is partly allowed and that of the Revenue is dismissed
Bench: Shri Chandra Mohan Garg & Shri Girish Agrawal
9 ITA.No.105 & 116/PAN./2018 Sociedade De Fomento Industrial Pvt. Ltd., Margao, Goa. Goa Ltd., as business income instead of short-term capital gain as shown by the assessee with following observations and findings:- “3. Purchase and Sale of Shares of Sesa Goa Ltd., treated as business income : During the year under consideration, the assessee company shown short term capital