practical tax & investment planning online
international tax expert / colunmist / author / speaker

SHARE INVESTMENT NOT BUSINESS!

Mumbai High Court Stresses On Need For Uniformity & Consistency In Approach! “Activity of a taxpayer accepted as investment in shares in earlier years cannot be treated as business in subsequent years, if facts are the same.” This landmark ruling of the Mumbai High Court delivered on 6th January, 2010 will make several investors heave a sigh of relief, in the backdrop of the recent onslaught of the Income-tax...

Powered by HADNow.com