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Income from solitary sale of shares is not business income
Case Law Details
- Case Name
- Commissioner of Income-tax, Central Circle Vs Nadatur Holdings and Investments (P.) Ltd. (Karnataka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Karnataka High Court
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HIGH COURT OF KARNATAKA
Commissioner of Income-tax, Central Circle
versus
Nadatur Holdings and Investments (P.) Ltd.
IT APPEAL NO. 1400 OF 2006
AUGUST 23, 2012
JUDGMENT
B. Manohar, J.
Appeal by the. Revenue under Section 260A of the Income Tax Act (in short ‘the Act’; being aggrieved by the order dated 17-03-2006 made in ITA No.871/Bang/2004 passed by the Income Tax Appellate Tribunal, Bangalore Bench-B dismissing the appeal and confirming the order dated 27-01-2004 made in ITA NO.143/C-12(lVCIT(A)-III/2002-03 passed by the Commissioner of Income Tax (Appeals)-ffl, Bangalore (in ...
