https://www.taxtmi.com/caselaws?id=265117 The tribunal allowed the appeal, overturning the AO's decision to treat short-term capital gains from the sale of shares as business income. Emphasizing consistency in treatment of transactions and the investor's intention, the tribunal relied on past assessments and judicial precedents. The disallowance of expenses was not elaborated upon, with the main focus on the share transactions' classification. The order was pronounced on 7th August 2015. en-us Fri, 07 Aug 2015 00:00:00 +0530 Thu, 01 Oct 2015 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265117 The tribunal allowed the appeal, overturning the AO's decision to treat short-term capital gains from the sale of shares as business income. Emphasizing consistency in treatment of transactions and the investor's intention, the tribunal relied on past assessments and judicial precedents. The disallowance of expenses was not elaborated upon, with the main focus on the share transactions' classification. The order was pronounced on 7th August 2015. Case-Laws Income Tax Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265117