Short-term capital gains from asset sales do not qualify as investment income u/s 115E of the Income Tax Act.

Short-term capital gains from asset sales do not qualify as investment income u/s 115E of the Income Tax Act. https://www.taxtmi.com/highlights?id=21892 Income arising on sale of assets leading to short term capital gains is not income derived from foreign exchange asset so as to qualify as investment income within the meaning of Section 115E of the Act. - HC en-us Sat, 21 Feb 2015 12:28:57 +0530 Sat, 21 Feb 2015 12:28:57 +0530 TaxTMI RSS Generator Short-term capital gains from asset sales do not qualify as investment income u/s 115E of the Income Tax Act. https://www.taxtmi.com/highlights?id=21892 Income arising on sale of assets leading to short term capital gains is not income derived from foreign exchange asset so as to qualify as investment income within the meaning of Section 115E of the Act. - HC Highlights Income Tax Sat, 21 Feb 2015 12:28:57 +0530 https://www.taxtmi.com/highlights?id=21892