https://www.taxtmi.com/caselaws?id=185565 The Tribunal set aside the assessment for A.Y. 2008-09, directing a fresh adjudication by the Assessing Officer to determine whether the impugned gain should be classified as Long Term Capital Gain or business income. The decision aimed to align with the Tribunal's previous rulings in the assessee's favor for preceding years, emphasizing the importance of factual findings and a fair hearing. The Revenue's appeal was allowed for statistical purposes to maintain procedural consistency. en-us Fri, 05 Apr 2013 00:00:00 +0530 Fri, 19 Aug 2016 18:21:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185565 The Tribunal set aside the assessment for A.Y. 2008-09, directing a fresh adjudication by the Assessing Officer to determine whether the impugned gain should be classified as Long Term Capital Gain or business income. The decision aimed to align with the Tribunal's previous rulings in the assessee's favor for preceding years, emphasizing the importance of factual findings and a fair hearing. The Revenue's appeal was allowed for statistical purposes to maintain procedural consistency. Case-Laws Income Tax Fri, 05 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185565