https://www.taxtmi.com/caselaws?id=201503 The High Court upheld the decisions of the ITAT and CIT(A) regarding the treatment of profit on the sale of shares as capital gain instead of income from business. The Court emphasized the importance of established facts showing the shares were held as investments since 1992, as determined by concurrent findings of fact by the lower tribunals. The Court dismissed the department's appeal, highlighting the significance of consistent factual findings in determining the appropriate tax treatment. en-us Thu, 28 Oct 2010 00:00:00 +0530 Tue, 11 Jan 2011 22:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201503 The High Court upheld the decisions of the ITAT and CIT(A) regarding the treatment of profit on the sale of shares as capital gain instead of income from business. The Court emphasized the importance of established facts showing the shares were held as investments since 1992, as determined by concurrent findings of fact by the lower tribunals. The Court dismissed the department's appeal, highlighting the significance of consistent factual findings in determining the appropriate tax treatment. Case-Laws Income Tax Thu, 28 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201503