https://www.taxtmi.com/caselaws?id=218915 The Tribunal upheld the Commissioner (Appeals)'s decisions, ruling that income from the sale of shares should be treated as business income, not capital gains. Additionally, it was held that no notional income could be taxed without evidence of accrued or received income. The Revenue's appeal was dismissed entirely. en-us Fri, 13 Jan 2012 00:00:00 +0530 Thu, 29 Nov 2012 08:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218915 The Tribunal upheld the Commissioner (Appeals)'s decisions, ruling that income from the sale of shares should be treated as business income, not capital gains. Additionally, it was held that no notional income could be taxed without evidence of accrued or received income. The Revenue's appeal was dismissed entirely. Case-Laws Income Tax Fri, 13 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218915