https://www.taxtmi.com/caselaws?id=260595 The appeal was allowed, directing the Assessing Officer to assess the income from the sale and purchase of shares as capital gains. The Tribunal emphasized the principle of consistency, noting the assessee's treatment as an investor in previous and subsequent years. The issue of interest under section 234 was considered consequential and did not require separate adjudication. The Tribunal held that the assessee should be treated as an investor for the year in question, maintaining the consistent treatment of share transactions as capital gains. en-us Fri, 05 Jun 2015 00:00:00 +0530 Thu, 18 Jun 2015 06:29:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260595 The appeal was allowed, directing the Assessing Officer to assess the income from the sale and purchase of shares as capital gains. The Tribunal emphasized the principle of consistency, noting the assessee's treatment as an investor in previous and subsequent years. The issue of interest under section 234 was considered consequential and did not require separate adjudication. The Tribunal held that the assessee should be treated as an investor for the year in question, maintaining the consistent treatment of share transactions as capital gains. Case-Laws Income Tax Fri, 05 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260595