A CA just read D story of Cindrella to his 5 year old daughter 1st time. Little girl was fascinated by story, especially D part where pumpkin turned into golden couch. Suddenly she piped out ,"Daddy, when pumpkin turned into golden couch, would that be classed as Income or Long term capital gain????
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CA vs Cindrella
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At that Time There Is Not any ICAI or Accounting Profession Of Taxation System............
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