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AO Misclassifies Long-Term Capital Gains as Short-Term Due to Assumptions on Share Purchase Dates u/s 10(38.
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....Claim of exemption u/s 10(38) on long term capital gain from sale of shares - AO only on extraneous considerations and presumptions & surmises has concluded that assessee has purchased the shares only on 15 & 17/05/07 while treating the gain derived from sale of shares as short term capital gain - AT....