https://www.taxtmi.com/caselaws?id=259801 The Tribunal upheld the CIT(A)'s decision to treat income from delivery-based share transactions as short-term and long-term capital gains, dismissing the Revenue's appeal. The Tribunal emphasized the principle of consistency and the assessee's consistent treatment of shares as investments, leading to the classification of income as capital gains rather than business income. The order was pronounced on 20th February 2015, affirming the treatment of income from share transactions as capital gains. en-us Fri, 20 Feb 2015 00:00:00 +0530 Fri, 22 May 2015 15:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259801 The Tribunal upheld the CIT(A)'s decision to treat income from delivery-based share transactions as short-term and long-term capital gains, dismissing the Revenue's appeal. The Tribunal emphasized the principle of consistency and the assessee's consistent treatment of shares as investments, leading to the classification of income as capital gains rather than business income. The order was pronounced on 20th February 2015, affirming the treatment of income from share transactions as capital gains. Case-Laws Income Tax Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259801