https://www.taxtmi.com/caselaws?id=340466 The Tribunal allowed all four appeals, quashing the reassessment proceedings under Section 147 and directing the A.O. to treat the surplus from the sale of shares as long-term capital gains, thereby granting the exemption under Section 10(38). en-us Mon, 20 Mar 2017 00:00:00 +0530 Wed, 22 Mar 2017 08:12:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340466 The Tribunal allowed all four appeals, quashing the reassessment proceedings under Section 147 and directing the A.O. to treat the surplus from the sale of shares as long-term capital gains, thereby granting the exemption under Section 10(38). Case-Laws Income Tax Mon, 20 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340466