https://www.taxtmi.com/caselaws?id=256934 The Appellate Tribunal upheld the CIT (A)-XI, Ahmedabad's decision to treat the income in question as capital gains from investments rather than business income, based on the holding period of shares and the intention behind the transactions. The Tribunal dismissed the Revenue's appeal and affirmed the CIT (A)'s order for the assessment year 2005-06. en-us Tue, 15 May 2012 00:00:00 +0530 Wed, 25 Feb 2015 11:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256934 The Appellate Tribunal upheld the CIT (A)-XI, Ahmedabad's decision to treat the income in question as capital gains from investments rather than business income, based on the holding period of shares and the intention behind the transactions. The Tribunal dismissed the Revenue's appeal and affirmed the CIT (A)'s order for the assessment year 2005-06. Case-Laws Income Tax Tue, 15 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256934