https://www.taxtmi.com/caselaws?id=180181 The Tribunal upheld the decision of the Commissioner of Income-tax (Appeals) regarding the treatment of income from the sale of shares as short term capital gain. The Tribunal emphasized the importance of consistency in such matters, noting that the income had been consistently treated as short term capital gain in preceding and succeeding years. Therefore, the Tribunal affirmed the treatment of the income from the sale of shares as short term capital gain for the assessment year 2007-2008. en-us Fri, 23 Aug 2013 00:00:00 +0530 Tue, 13 Dec 2016 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180181 The Tribunal upheld the decision of the Commissioner of Income-tax (Appeals) regarding the treatment of income from the sale of shares as short term capital gain. The Tribunal emphasized the importance of consistency in such matters, noting that the income had been consistently treated as short term capital gain in preceding and succeeding years. Therefore, the Tribunal affirmed the treatment of the income from the sale of shares as short term capital gain for the assessment year 2007-2008. Case-Laws Income Tax Fri, 23 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180181