https://www.taxtmi.com/caselaws?id=209358 The High Court dismissed the Revenue's appeal against the Tribunal and CIT(A) orders, affirming the treatment of shares' sale consideration as long-term capital gain. The Court found no substantial legal question, as the transactions were supported by documentation, including purchase bills and balance sheets, and the broker was not banned by SEBI during the transactions. The Court concluded that the transactions were genuine, and the additions made by the AO under income from other sources were unjustified. en-us Mon, 15 Nov 2010 00:00:00 +0530 Mon, 22 Jul 2013 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209358 The High Court dismissed the Revenue's appeal against the Tribunal and CIT(A) orders, affirming the treatment of shares' sale consideration as long-term capital gain. The Court found no substantial legal question, as the transactions were supported by documentation, including purchase bills and balance sheets, and the broker was not banned by SEBI during the transactions. The Court concluded that the transactions were genuine, and the additions made by the AO under income from other sources were unjustified. Case-Laws Income Tax Mon, 15 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209358