https://www.taxtmi.com/highlights?id=22584 Capital gains v/s business income - The assessee did not hold the capital asset. He did not transfer the capital asset, he only facilitated the transfer of capital asset from the owner to the purchaser. He took the risk. He identified the purchaser. Any amount paid in excess of ₹ 5.5 crores which the owner was expecting from the transaction was his margin of profit. - HC en-us Mon, 20 Apr 2015 11:41:05 +0530 Mon, 20 Apr 2015 11:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22584 Capital gains v/s business income - The assessee did not hold the capital asset. He did not transfer the capital asset, he only facilitated the transfer of capital asset from the owner to the purchaser. He took the risk. He identified the purchaser. Any amount paid in excess of ₹ 5.5 crores which the owner was expecting from the transaction was his margin of profit. - HC Highlights Income Tax Mon, 20 Apr 2015 11:41:05 +0530 https://www.taxtmi.com/highlights?id=22584