https://www.taxtmi.com/caselaws?id=171432 The tribunal allowed the revenue's appeals and Cross-Objections (COs) filed by the assessee for assessment years 2006-07 & 2007-08. The main dispute centered on the treatment of capital gain and business income, with the CIT(A) directing the taxation of the entire business income without considering any part as capital gain. The tribunal remanded the case back to the CIT(A) for fresh adjudication due to discrepancies in the assessment record, indicating a need for further review and clarification on the issues raised. en-us Fri, 29 Nov 2013 00:00:00 +0530 Mon, 20 Jul 2015 09:59:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171432 The tribunal allowed the revenue's appeals and Cross-Objections (COs) filed by the assessee for assessment years 2006-07 & 2007-08. The main dispute centered on the treatment of capital gain and business income, with the CIT(A) directing the taxation of the entire business income without considering any part as capital gain. The tribunal remanded the case back to the CIT(A) for fresh adjudication due to discrepancies in the assessment record, indicating a need for further review and clarification on the issues raised. Case-Laws Income Tax Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171432