https://www.taxtmi.com/highlights?id=24367 Penalty u/s. 27(1)(c) - conversion of business loss into capital loss and in adoption of higher rate for shares sold - though the assessee has not preferred any quantum appeal, we do not find it appropriate to levy of penalty - AT en-us Mon, 24 Aug 2015 09:30:14 +0530 Mon, 24 Aug 2015 09:30:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24367 Penalty u/s. 27(1)(c) - conversion of business loss into capital loss and in adoption of higher rate for shares sold - though the assessee has not preferred any quantum appeal, we do not find it appropriate to levy of penalty - AT Highlights Income Tax Mon, 24 Aug 2015 09:30:14 +0530 https://www.taxtmi.com/highlights?id=24367