https://www.taxtmi.com/highlights?id=15325 Loss of sale of shares (long term loss) - In the teeth of the aforesaid findings made by the Tribunal on the basis of evidence, it is difficult, if not impossible, to hold that the transaction of buying and selling of shares of Hindustan Development Corporation Ltd. was a colourable transaction or was resorted to with any ulterior motive of reducing the tax payable for long term capital gain - HC en-us Sat, 26 Oct 2013 19:13:21 +0530 Sat, 26 Oct 2013 19:13:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15325 Loss of sale of shares (long term loss) - In the teeth of the aforesaid findings made by the Tribunal on the basis of evidence, it is difficult, if not impossible, to hold that the transaction of buying and selling of shares of Hindustan Development Corporation Ltd. was a colourable transaction or was resorted to with any ulterior motive of reducing the tax payable for long term capital gain - HC Highlights Income Tax Sat, 26 Oct 2013 19:13:21 +0530 https://www.taxtmi.com/highlights?id=15325