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Mutual Fund Transactions Treated as Investments, Not Business Activities



Summary The appeal in question pertains to the Assessment Year (AY) 2006-07, involving a second round of litigation after the Income Tax Appellate Tribunal (the Tribunal) passed an order dated 16.10.2018. In the first round, the Commissioner of Income Tax (CIT) set aside the assessment order date

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About the Author

Chartered Accountant

CA Kunal Jain, Chartered Accountant Contact me at 8920293936 Email ID KJPR.83 @ REDIFFMAIL.COM Area of Knowledge:-Income tax, Audit, Company/LLP Incorporation or closure, Business consultancy, cost management, Financing, Startups, MSME, Finance, Virtual CFO and GST Im an entrepreneurial person and a Qualifi ... Read more


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