Taxability of Share Market Transactions
Taxability of Share Market Transactions
Taxability of Share Market Transactions
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Capital gains exempt from tax<br />
• Capital gains not chargeable to tax by virtue<br />
<strong>of</strong> section 10 <strong>of</strong> the Act. In case assets are<br />
transferred at a loss?<br />
CIT v. S.S. Thiagarjan 129 ITR 115 (Mad.)<br />
Ramjilal Rais v. CIT 58 ITR 181 (All.)
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