https://www.taxtmi.com/caselaws?id=180497 The Tribunal upheld the CIT(A)'s decision, directing the AO to treat the amount as long-term capital gain, not income from unaccounted sources. The Tribunal found the transactions genuine, holding the shares for over 12 months, qualifying for a lower tax rate of 10%. The Revenue's appeal was dismissed on 23-09-2009. en-us Wed, 23 Sep 2009 00:00:00 +0530 Sat, 26 Mar 2016 13:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180497 The Tribunal upheld the CIT(A)'s decision, directing the AO to treat the amount as long-term capital gain, not income from unaccounted sources. The Tribunal found the transactions genuine, holding the shares for over 12 months, qualifying for a lower tax rate of 10%. The Revenue's appeal was dismissed on 23-09-2009. Case-Laws Income Tax Wed, 23 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180497