https://www.taxtmi.com/caselaws?id=263232 The Tribunal upheld the decision that the long term and short term capital gains were not to be treated as business income but should be taxed under the head of capital gains. The appeal by the Revenue challenging this treatment was dismissed, with the Tribunal emphasizing factors such as holding periods, absence of borrowings, and profit distribution in support of their decision. en-us Tue, 19 May 2015 00:00:00 +0530 Thu, 20 Aug 2015 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263232 The Tribunal upheld the decision that the long term and short term capital gains were not to be treated as business income but should be taxed under the head of capital gains. The appeal by the Revenue challenging this treatment was dismissed, with the Tribunal emphasizing factors such as holding periods, absence of borrowings, and profit distribution in support of their decision. Case-Laws Income Tax Tue, 19 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263232