https://www.taxtmi.com/highlights?id=52885 Exemption u/s 10(23FB) - income earned on investments from VCUs [venture capital undertaking] - Since we have held in the preceding paragraphs, that the assessee cannot be subjected to tax for capital gains, there was no necessity to examine the question of applicability of provisions of sec.10(38) of the Act to the capital gains earned by the assessee on sale of shares. - AT en-us Fri, 10 Apr 2020 13:38:25 +0530 Fri, 10 Apr 2020 13:38:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52885 Exemption u/s 10(23FB) - income earned on investments from VCUs [venture capital undertaking] - Since we have held in the preceding paragraphs, that the assessee cannot be subjected to tax for capital gains, there was no necessity to examine the question of applicability of provisions of sec.10(38) of the Act to the capital gains earned by the assessee on sale of shares. - AT Highlights Income Tax Fri, 10 Apr 2020 13:38:25 +0530 https://www.taxtmi.com/highlights?id=52885