Increase in Capital Not Taxable u/s 56 as Income from Other Sources, Rules Assessing Officer. https://www.taxtmi.com/highlights?id=3675 Addition made by the AO due to increase in the capital cannot be taxed under Section 56 as income from other sources. en-us Thu, 10 May 2012 09:27:14 +0530 Thu, 10 May 2012 09:27:14 +0530 TaxTMI RSS Generator Increase in Capital Not Taxable u/s 56 as Income from Other Sources, Rules Assessing Officer. https://www.taxtmi.com/highlights?id=3675 Addition made by the AO due to increase in the capital cannot be taxed under Section 56 as income from other sources. Highlights Income Tax Thu, 10 May 2012 09:27:14 +0530 https://www.taxtmi.com/highlights?id=3675