https://www.taxtmi.com/caselaws?id=244004 The Tribunal allowed the appeal in favor of the assessee, directing the AO to treat the income from the sale of shares as short term capital gain. The decision was based on the principles outlined in relevant case laws and the specific circumstances of the case, emphasizing the importance of intention, holding period, and treatment of shares in determining the nature of income. en-us Wed, 21 Aug 2013 00:00:00 +0530 Sun, 16 Feb 2014 19:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244004 The Tribunal allowed the appeal in favor of the assessee, directing the AO to treat the income from the sale of shares as short term capital gain. The decision was based on the principles outlined in relevant case laws and the specific circumstances of the case, emphasizing the importance of intention, holding period, and treatment of shares in determining the nature of income. Case-Laws Income Tax Wed, 21 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244004