Tag Archives: IT APPEAL NOS. 3217 (MUM.) OF 2014 AND 1411 (MUM.) OF 2015

Sachin Tendulkar Income from Sale of Shares treated under head Capital Gain

By | January 27, 2017

Issue  : Whether the income on account of sale of shares and Mutual funds is Long Term Capital Gain or Short Term Capital Gain or Business income ? Held Reasoning given by the AO that the impugned income would be assessable under the head income from business merely because the assessee has availed the service of… Read More »