https://www.taxtmi.com/caselaws?id=212819 The tribunal upheld the decision to treat gains from the sale of shares and mutual funds as business income, except for transactions exceeding 365 days, classified as Long Term Capital Gains. Consistency in applying legal principles and assessing the intention behind transactions was emphasized. Appeals for assessment years 2006-07 and 2007-08 were dismissed, with income recomputation directed. en-us Fri, 16 Dec 2011 00:00:00 +0530 Wed, 20 Apr 2016 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212819 The tribunal upheld the decision to treat gains from the sale of shares and mutual funds as business income, except for transactions exceeding 365 days, classified as Long Term Capital Gains. Consistency in applying legal principles and assessing the intention behind transactions was emphasized. Appeals for assessment years 2006-07 and 2007-08 were dismissed, with income recomputation directed. Case-Laws Income Tax Fri, 16 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212819