Tax alert: Gain from sale of investment in joint venture taxable as capital gains has been saved
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Tax alert: Gain from sale of investment in joint venture taxable as capital gains
31 October 2023
The Mumbai Bench of the Income-tax Appellate Tribunal, based on facts of the case, has held that the gain arising on sale of investment in joint venture company shares by the taxpayer would be chargeable to tax under the head capital gains.