https://www.taxtmi.com/caselaws?id=343310 The case involved the treatment of an amount as short term capital gain or business income and the addition of another amount as income from undisclosed sources. The Commissioner of Income Tax (Appeals) determined the first amount as short term capital gain and the second amount was deleted as income from undisclosed sources. The Income Tax Appellate Tribunal upheld the decision regarding the treatment of the first amount but set aside the decision on the second amount, directing further inquiries by the Assessing Officer. The appeal of the Revenue was partly allowed for statistical purposes. en-us Fri, 19 May 2017 00:00:00 +0530 Mon, 29 May 2023 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343310 The case involved the treatment of an amount as short term capital gain or business income and the addition of another amount as income from undisclosed sources. The Commissioner of Income Tax (Appeals) determined the first amount as short term capital gain and the second amount was deleted as income from undisclosed sources. The Income Tax Appellate Tribunal upheld the decision regarding the treatment of the first amount but set aside the decision on the second amount, directing further inquiries by the Assessing Officer. The appeal of the Revenue was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 19 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343310