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Ask your queries or reply to others' queries => Discussion => Topic started by: CA.BHUPENDRASHAH on January 13, 2011, 04:03:13 PM

Title: STCG v/s Business Income
Post by: CA.BHUPENDRASHAH on January 13, 2011, 04:03:13 PM
After the introduction of Sec. 111-A having concessional rate of tax on STCG of 10%, lots of cases are decided in favour and against the assessees.
To resolve this controversy, why not a special bench?
Title: Re: STCG v/s Business Income
Post by: pawansingla on January 20, 2011, 11:24:01 AM
Very difficult. There can be no hard and fast rule for that.There is lots of subjectivity involved. Facts of each case differs. No hard and fast rule can be applied.