Case Law Details
Case Name : Gyan Traders Limited Vs CIT (Calcutta High Court)
Appeal Number : ITA/48/2009
Date of Judgement/Order : 30/09/2022
Related Assessment Year :
Courts :
All High Courts Calcutta High Court
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Gyan Traders Limited Vs CIT (Calcutta High Court)
Calcutta High Court held that the capital investment and resale do not lose their capital nature merely because the resale was foreseen and contemplated when the investment was made.
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