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2016 (8) TMI 613

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.... 9-8-2016<br>CIVIL APPEAL NO(S).7379- 7380 OF 2016 (Arising out of SLP(C) Nos.7857- 7858 OF 2012) - -<br>Income Tax<br>Ranjan Gogoi And Prafulla C. Pant, JJ. &nbsp; For the Petitioner : Mr. Preete....

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....0/-) on account of share capital received from the various share-holders ought not to have been treated as business income. The High Court, therefore, in our considered view, fell into error in revers....