INCOME TAX : Where Assessing Officer issued a reopening notice on ground that as there was no investment in shares by assessee, income earned by it from sale of shares had to be treated as business income and not as capital gain, since there was no allegation against assessee that it had failed to disclose all material facts necessary for assessment during original scrutiny assessment,INCOME TAX : Where Assessing Officer issued a reopening notice on ground that as there was no investment in shares by assessee, income earned by it from sale of shares had to be treated as business income and not as capital gain, since there was no allegation against assessee that it had failed to disclose all material facts necessary for assessment during original scrutiny assessment,www.taxmann.com Latest Case LawsRead More
