https://www.taxtmi.com/caselaws?id=262303 The Tribunal dismissed the Department's appeal and allowed the assessee's appeal, concluding that the gain from the sale of shares was capital gain exempt under Section 10(38) and not business income. The delay in filing the appeal was condoned, and the Trust's activities were found to be in line with its objectives, not constituting business operations. en-us Fri, 31 Jul 2015 00:00:00 +0530 Fri, 07 Aug 2015 06:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262303 The Tribunal dismissed the Department's appeal and allowed the assessee's appeal, concluding that the gain from the sale of shares was capital gain exempt under Section 10(38) and not business income. The delay in filing the appeal was condoned, and the Trust's activities were found to be in line with its objectives, not constituting business operations. Case-Laws Income Tax Fri, 31 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262303