https://www.taxtmi.com/caselaws?id=337600 The Tribunal upheld the ld. CIT(A)'s decision to classify income from share trading as capital gains, dismissing the Revenue's appeal. The Tribunal emphasized the need for a fact-specific assessment of share investments, distinguishing the case from prior precedents. The consistent treatment of share trading income as capital gains by the assessee and past department acceptance supported this classification, leading to the final outcome in favor of treating the income as capital gains. en-us Fri, 11 Nov 2016 00:00:00 +0530 Tue, 10 Jan 2017 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337600 The Tribunal upheld the ld. CIT(A)'s decision to classify income from share trading as capital gains, dismissing the Revenue's appeal. The Tribunal emphasized the need for a fact-specific assessment of share investments, distinguishing the case from prior precedents. The consistent treatment of share trading income as capital gains by the assessee and past department acceptance supported this classification, leading to the final outcome in favor of treating the income as capital gains. Case-Laws Income Tax Fri, 11 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337600