https://www.taxtmi.com/caselaws?id=180028 The Tribunal ruled in favor of the assessee, holding that the income from the purchase and sale of shares should be classified as capital gains rather than business income. The Tribunal emphasized that the shares were held as investments, consistently treated as capital gains in previous and subsequent years, and not linked to the assessee's main business. The appeal was allowed, and the decision was issued on 15th July 2011. en-us Fri, 15 Jul 2011 00:00:00 +0530 Tue, 15 Mar 2016 14:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180028 The Tribunal ruled in favor of the assessee, holding that the income from the purchase and sale of shares should be classified as capital gains rather than business income. The Tribunal emphasized that the shares were held as investments, consistently treated as capital gains in previous and subsequent years, and not linked to the assessee's main business. The appeal was allowed, and the decision was issued on 15th July 2011. Case-Laws Income Tax Fri, 15 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180028