https://www.taxtmi.com/caselaws?id=262406 The Tribunal upheld the assessee's exemption under section 10(38) for the capital gain on the sale of shares, aligning with a previous High Court judgment. The Revenue's appeal challenging the exemption was dismissed as the facts were similar to the precedent case. The Tribunal did not address the validity of the reassessment proceedings, focusing solely on the exemption issue. en-us Thu, 30 Jul 2015 00:00:00 +0530 Mon, 10 Aug 2015 05:58:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262406 The Tribunal upheld the assessee's exemption under section 10(38) for the capital gain on the sale of shares, aligning with a previous High Court judgment. The Revenue's appeal challenging the exemption was dismissed as the facts were similar to the precedent case. The Tribunal did not address the validity of the reassessment proceedings, focusing solely on the exemption issue. Case-Laws Income Tax Thu, 30 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262406