https://www.taxtmi.com/caselaws?id=181252 The ITAT, Ahmedabad ruled in favor of the assessee, directing the AO to treat the surplus amount as short term capital gain and adjust interest charges accordingly. The appeal was allowed on grounds 1 to 5, with the order pronounced on 12th August, 2011. en-us Fri, 12 Aug 2011 00:00:00 +0530 Mon, 11 Apr 2016 18:04:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181252 The ITAT, Ahmedabad ruled in favor of the assessee, directing the AO to treat the surplus amount as short term capital gain and adjust interest charges accordingly. The appeal was allowed on grounds 1 to 5, with the order pronounced on 12th August, 2011. Case-Laws Income Tax Fri, 12 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181252