https://www.taxtmi.com/caselaws?id=186713 The Tribunal upheld the CIT(A)'s decision in favor of the assessee, directing the income to be treated as Long Term Capital Gains (LTCG) instead of income from other sources. The Tribunal found the revenue's concerns to be unfounded, emphasizing the evidence provided by the assessee, including confirmation from the broker. The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s order on the assessment year 2006-07 regarding the sale of shares of M/s. Talent Infoway Ltd. en-us Fri, 29 Jul 2011 00:00:00 +0530 Wed, 28 Sep 2016 11:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186713 The Tribunal upheld the CIT(A)'s decision in favor of the assessee, directing the income to be treated as Long Term Capital Gains (LTCG) instead of income from other sources. The Tribunal found the revenue's concerns to be unfounded, emphasizing the evidence provided by the assessee, including confirmation from the broker. The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s order on the assessment year 2006-07 regarding the sale of shares of M/s. Talent Infoway Ltd. Case-Laws Income Tax Fri, 29 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186713