Receipts from Venture Capital Company Account Surplus are Taxable Income for Assessee.

Receipts from Venture Capital Company Account Surplus are Taxable Income for Assessee. https://www.taxtmi.com/highlights?id=25097 The nature of receipts in the hands of assessee is income being surplus in its account held with the Venture Capital Company distributed to assessee at the time of squaring up the account of assessee with the Venture Capital Company - Receipt of share from Venture Capital Company is taxable - AT en-us Sun, 04 Oct 2015 16:11:44 +0530 Sun, 04 Oct 2015 16:11:44 +0530 TaxTMI RSS Generator Receipts from Venture Capital Company Account Surplus are Taxable Income for Assessee. https://www.taxtmi.com/highlights?id=25097 The nature of receipts in the hands of assessee is income being surplus in its account held with the Venture Capital Company distributed to assessee at the time of squaring up the account of assessee with the Venture Capital Company - Receipt of share from Venture Capital Company is taxable - AT Highlights Income Tax Sun, 04 Oct 2015 16:11:44 +0530 https://www.taxtmi.com/highlights?id=25097