Tax Audit Clause 8
This query is : Resolved
02 September 2009
If the company has during the year has transfer its mutual fund investment into stock in trade (business inventory).
whether the same has amount to any change in the nature of business or profession,
whether the same has amount to any change in the nature of business or profession,
02 September 2009
NO
02 September 2009
Its no subject to the assumption that the company was an investment company also in the previous year.
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