https://www.taxtmi.com/caselaws?id=265262 The Appellate Tribunal, ITAT Ahmedabad, in a judgment dated 04 - 09 - 2015, dismissed appeals by both the Revenue and the Assessee. The Tribunal upheld the decision of the ld. CIT(A) regarding the treatment of capital gains as capital gains and not business income. Additionally, the Tribunal upheld the disallowance under section 14A of the Income Tax Act, 1961, as made by the A.O. The Assessee's appeals on both issues were dismissed, affirming the decisions of the lower authorities. en-us Fri, 04 Sep 2015 00:00:00 +0530 Fri, 09 Oct 2015 07:41:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265262 The Appellate Tribunal, ITAT Ahmedabad, in a judgment dated 04 - 09 - 2015, dismissed appeals by both the Revenue and the Assessee. The Tribunal upheld the decision of the ld. CIT(A) regarding the treatment of capital gains as capital gains and not business income. Additionally, the Tribunal upheld the disallowance under section 14A of the Income Tax Act, 1961, as made by the A.O. The Assessee's appeals on both issues were dismissed, affirming the decisions of the lower authorities. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265262