https://www.taxtmi.com/highlights?id=44142 Assessment of trust - Benefit of section 112 read with section 164 - The assessee trust is not free or authorized to sell the shares, held by it on behalf of the settler company, to any person in the free market at fair market price - The shares held by the assessee trust cannot be categorised as 'stock-in-trade' of the assessee trust.” en-us Mon, 28 Jan 2019 08:13:26 +0530 Mon, 28 Jan 2019 08:13:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44142 Assessment of trust - Benefit of section 112 read with section 164 - The assessee trust is not free or authorized to sell the shares, held by it on behalf of the settler company, to any person in the free market at fair market price - The shares held by the assessee trust cannot be categorised as 'stock-in-trade' of the assessee trust.” Highlights Income Tax Mon, 28 Jan 2019 08:13:26 +0530 https://www.taxtmi.com/highlights?id=44142