https://www.taxtmi.com/caselaws?id=258269 The Tribunal ruled that the capital gains declared by the assessee should not be treated as business income. The appeal by the assessee was allowed, and the appeal by the Revenue was dismissed. The Tribunal's decision was based on the consistent treatment of shares as investments, the intention behind the transactions, and relevant judicial precedents. en-us Wed, 18 Feb 2015 00:00:00 +0530 Wed, 04 Mar 2015 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258269 The Tribunal ruled that the capital gains declared by the assessee should not be treated as business income. The appeal by the assessee was allowed, and the appeal by the Revenue was dismissed. The Tribunal's decision was based on the consistent treatment of shares as investments, the intention behind the transactions, and relevant judicial precedents. Case-Laws Income Tax Wed, 18 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258269