https://www.taxtmi.com/highlights?id=25210 Conversion of capital assets into stock in trade - colourable device - short term capital loss v/s business loss on sale transaction of gold - assessee will be entitled to determine the tax liability as per sec. 45(2) in respect of stock in trade in the year in which it is sold. - AT en-us Fri, 09 Oct 2015 08:13:09 +0530 Fri, 09 Oct 2015 08:13:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=25210 Conversion of capital assets into stock in trade - colourable device - short term capital loss v/s business loss on sale transaction of gold - assessee will be entitled to determine the tax liability as per sec. 45(2) in respect of stock in trade in the year in which it is sold. - AT Highlights Income Tax Fri, 09 Oct 2015 08:13:09 +0530 https://www.taxtmi.com/highlights?id=25210