https://www.taxtmi.com/highlights?id=53176 Correct head of income - gain on sale of building - ‘long term capital gains’ or ‘business income’ - merely because the assessee is engaged in the construction business is not a ground that land and building should be treated as part of stock in trade. - HC en-us Mon, 27 Apr 2020 11:45:08 +0530 Mon, 27 Apr 2020 11:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53176 Correct head of income - gain on sale of building - ‘long term capital gains’ or ‘business income’ - merely because the assessee is engaged in the construction business is not a ground that land and building should be treated as part of stock in trade. - HC Highlights Income Tax Mon, 27 Apr 2020 11:45:08 +0530 https://www.taxtmi.com/highlights?id=53176