https://www.taxtmi.com/caselaws?id=179658 The Tribunal upheld the CIT (A)'s decision that income from share transactions should be classified as "Short Term Capital Gain and Long Term Capital Gain" rather than "Business or Profession." The appeal by the revenue challenging this classification was dismissed, emphasizing the rule of consistency in tax treatment. en-us Wed, 25 Apr 2012 00:00:00 +0530 Mon, 07 Mar 2016 13:26:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179658 The Tribunal upheld the CIT (A)'s decision that income from share transactions should be classified as "Short Term Capital Gain and Long Term Capital Gain" rather than "Business or Profession." The appeal by the revenue challenging this classification was dismissed, emphasizing the rule of consistency in tax treatment. Case-Laws Income Tax Wed, 25 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179658