https://www.taxtmi.com/caselaws?id=72027 The Tribunal partly allowed the appeal, recognizing that the assessee held full legal ownership of shares in a phased manner, affecting the classification of capital gains as short-term or long-term. The Tribunal concluded that the profit arising from 30% of shares held for less than 12 months was short-term, while the profit from other shares was considered long-term. en-us Wed, 19 Mar 2008 00:00:00 +0530 Wed, 12 Jun 2013 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72027 The Tribunal partly allowed the appeal, recognizing that the assessee held full legal ownership of shares in a phased manner, affecting the classification of capital gains as short-term or long-term. The Tribunal concluded that the profit arising from 30% of shares held for less than 12 months was short-term, while the profit from other shares was considered long-term. Case-Laws Income Tax Wed, 19 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72027