https://www.taxtmi.com/caselaws?id=171878 The Tribunal allowed the appeal of the assessee and dismissed the appeal of the revenue, upholding the tax treatment of the consideration related to shares and non-compete fees as capital gains. The Tribunal emphasized that the entire consideration for the sale of shares had already been included as capital gains, making the bifurcation unnecessary. The decision was supported by the assessee's lack of active engagement in the business. en-us Fri, 07 Oct 2011 00:00:00 +0530 Fri, 07 Aug 2015 16:41:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171878 The Tribunal allowed the appeal of the assessee and dismissed the appeal of the revenue, upholding the tax treatment of the consideration related to shares and non-compete fees as capital gains. The Tribunal emphasized that the entire consideration for the sale of shares had already been included as capital gains, making the bifurcation unnecessary. The decision was supported by the assessee's lack of active engagement in the business. Case-Laws Income Tax Fri, 07 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171878