https://www.taxtmi.com/caselaws?id=336776 The Tribunal ruled in favor of the assessee on both primary issues. The gain from the sale of shares was classified as short-term capital gains rather than business income. Additionally, the disallowance under Section 14A of the Income Tax Act was deleted. The appeal was partly allowed, with the order pronounced on 25/10/2016. en-us Tue, 25 Oct 2016 00:00:00 +0530 Tue, 27 Dec 2016 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336776 The Tribunal ruled in favor of the assessee on both primary issues. The gain from the sale of shares was classified as short-term capital gains rather than business income. Additionally, the disallowance under Section 14A of the Income Tax Act was deleted. The appeal was partly allowed, with the order pronounced on 25/10/2016. Case-Laws Income Tax Tue, 25 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336776