<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Equity shares held over 16 years classified as Long Term Capital Gains, not business income.</title>
    <link>https://www.taxtmi.com/highlights?id=34957</link>
    <description>Income derived from the sale of equity shares - business income or Long Term Capital Gain - the said equity shares not only for one year but for more than 16 years and that the shares were listed shares, the income derived from their transfer has rightly been treated as Long Term Capital Gain and not as business income. - HC</description>
    <language>en-us</language>
    <pubDate>Wed, 24 May 2017 11:46:16 +0530</pubDate>
    <lastBuildDate>Wed, 24 May 2017 11:46:16 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=469649" rel="self" type="application/rss+xml"/>
    <item>
      <title>Equity shares held over 16 years classified as Long Term Capital Gains, not business income.</title>
      <link>https://www.taxtmi.com/highlights?id=34957</link>
      <description>Income derived from the sale of equity shares - business income or Long Term Capital Gain - the said equity shares not only for one year but for more than 16 years and that the shares were listed shares, the income derived from their transfer has rightly been treated as Long Term Capital Gain and not as business income. - HC</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Wed, 24 May 2017 11:46:16 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=34957</guid>
    </item>
  </channel>
</rss>