Gujarat H.C : profit of transaction of purchase and sale of shares in the sum of Rs. 1,73,32,347 is long-term capital gain and not business income by treating the said transaction as ‘adventure in the nature of trade
High Court Of Gujarat CIT vs. Niraj Amidhar Surti Assessment Year :Â 2001-02 Section : 45 D.A. Mehta And Ms. H.N. […]