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Surplus arising to distributor of books from dealing in shares was capital gain if shares were held as investments
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Corporate Tax
Surplus arising to distributor of books from dealing in shares was capital gain if shares were held as investments
Posted on
on
July 1, 2014
Tenet Tax Daily June 28 2014
By
tenettax-team
Corporate Tax
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Case remanded to decide if letting out of commercial complexes were business income or income from house property
Brokerage exp. to identify a tenant for under construction building couldn’t be allowed under sec. 37(1)