https://www.taxtmi.com/caselaws?id=182766 The court dismissed the Tax Appeal by the revenue, upholding the decisions of the CIT(A) and Income Tax Appellate Tribunal to treat the income as business income for short term and long term capital gains. The court found that no legal question, let alone a substantial one, arose in the appeal, based on the treatment of shares as investments in the preceding Assessment Year. en-us Mon, 19 Aug 2013 00:00:00 +0530 Wed, 14 Dec 2016 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182766 The court dismissed the Tax Appeal by the revenue, upholding the decisions of the CIT(A) and Income Tax Appellate Tribunal to treat the income as business income for short term and long term capital gains. The court found that no legal question, let alone a substantial one, arose in the appeal, based on the treatment of shares as investments in the preceding Assessment Year. Case-Laws Income Tax Mon, 19 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182766