https://www.taxtmi.com/caselaws?id=214829 The Tribunal upheld the CIT(A)'s decision that the surplus from share transactions should be treated as long-term capital gains, based on the assessee's consistent reporting practice and lack of contrary evidence from the Revenue. The Tribunal emphasized the importance of maintaining tax treatment consistency across assessment years, unless material changes in facts are evident. The appeal was dismissed, affirming the classification of the surplus as long-term capital gains. en-us Wed, 20 Jun 2012 00:00:00 +0530 Sat, 16 Apr 2016 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214829 The Tribunal upheld the CIT(A)'s decision that the surplus from share transactions should be treated as long-term capital gains, based on the assessee's consistent reporting practice and lack of contrary evidence from the Revenue. The Tribunal emphasized the importance of maintaining tax treatment consistency across assessment years, unless material changes in facts are evident. The appeal was dismissed, affirming the classification of the surplus as long-term capital gains. Case-Laws Income Tax Wed, 20 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214829