https://www.taxtmi.com/caselaws?id=256949 The High Court upheld the Tribunal's decision to treat income as short-term and long-term capital gains instead of business income, based on precedents and consistent treatment of similar cases. The Court found no new substantial question of law, emphasizing the Assessee's primary salaried income activity and supporting the classification of gains as capital gains. Given the consistency in treatment and lack of new evidence, the Court dismissed the appeal, stating that established treatment of income should not be challenged when facts remain consistent with previous judgments. en-us Mon, 02 Feb 2015 00:00:00 +0530 Wed, 25 Feb 2015 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256949 The High Court upheld the Tribunal's decision to treat income as short-term and long-term capital gains instead of business income, based on precedents and consistent treatment of similar cases. The Court found no new substantial question of law, emphasizing the Assessee's primary salaried income activity and supporting the classification of gains as capital gains. Given the consistency in treatment and lack of new evidence, the Court dismissed the appeal, stating that established treatment of income should not be challenged when facts remain consistent with previous judgments. Case-Laws Income Tax Mon, 02 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256949