https://www.taxtmi.com/caselaws?id=238015 The Tribunal partially allowed the appeal, directing the Assessing Officer to treat the profits from shares as capital gains rather than business income. The issue of disallowance under Section 14A was remanded for re-computation without Rule 8D, and the unaddressed addition of income from Future & Options was sent back to the Ld. CIT(A) for proper consideration. en-us Fri, 27 Sep 2013 00:00:00 +0530 Mon, 14 Oct 2013 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238015 The Tribunal partially allowed the appeal, directing the Assessing Officer to treat the profits from shares as capital gains rather than business income. The issue of disallowance under Section 14A was remanded for re-computation without Rule 8D, and the unaddressed addition of income from Future & Options was sent back to the Ld. CIT(A) for proper consideration. Case-Laws Income Tax Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238015