Amount received on reduction of share capital, whether chargeable to tax as capital gain?

Regular receipt of money from a specified source is chargeable to tax as income. Thus occasional capital receipt whether would obtain the character of income was debated long ago and … Read More

The post Amount received on reduction of share capital, whether chargeable to tax as capital gain? appeared first on GM BLOGS INDIA.

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Regular receipt of money from a specified source is chargeable to tax as income. Thus occasional capital receipt whether would obtain the character of income was debated long ago and … Read More

The post Amount received on reduction of share capital, whether chargeable to tax as capital gain? appeared first on GM BLOGS INDIA.

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