Adventure in nature of trade Vs Trade

Tax queries 1538 views 1 replies

What is the difference between 'adventure in nature of trade' and 'trade', as per Income Tax Act, 1961.

s.s.nataraj gupta

 

 

Replies (1)

Dear S S Natraj Gupta,

                                            There is very slight difference in the adventure innature of  trade and trade. This is only motive to do the particular activity. Write me if you more clarification on it. my email id is sachinagarwalcallb @ gmail.com

Thanks

Sachin Agarwal

 


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