https://www.taxtmi.com/highlights?id=72765 Exemption u/s. 54EA - transfer of shares held as stock-in-trade - transfer of unlisted shares of DSPML is to be taxed under the head “capital gains” irrespective treating it as business income is set aside and the transfer of shares is treated as capital gains. Once, the gains arising of transfer of shares of DSPML is capital gains, then, the assessee is entitled for exemption u/s. 54EA - claim of deduction / exemption u/s. 54EA is allowed. - AT en-us Fri, 27 Oct 2023 18:30:48 +0530 Fri, 27 Oct 2023 18:30:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72765 Exemption u/s. 54EA - transfer of shares held as stock-in-trade - transfer of unlisted shares of DSPML is to be taxed under the head “capital gains” irrespective treating it as business income is set aside and the transfer of shares is treated as capital gains. Once, the gains arising of transfer of shares of DSPML is capital gains, then, the assessee is entitled for exemption u/s. 54EA - claim of deduction / exemption u/s. 54EA is allowed. - AT Highlights Income Tax Fri, 27 Oct 2023 18:30:48 +0530 https://www.taxtmi.com/highlights?id=72765