https://www.taxtmi.com/caselaws?id=348589 The Tribunal allowed the assessee's appeals, directing that Short Term Capital Gain (STCG) and Long Term Capital Gain (LTCG) be treated as capital gains rather than Business Income. The Tribunal also deleted additions under section 68 for gifts and low withdrawals, and restored certain issues for further verification. The AO was instructed to verify facts and provide opportunities to the assessee before making any additions. en-us Mon, 11 Sep 2017 00:00:00 +0530 Mon, 25 Sep 2017 07:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348589 The Tribunal allowed the assessee's appeals, directing that Short Term Capital Gain (STCG) and Long Term Capital Gain (LTCG) be treated as capital gains rather than Business Income. The Tribunal also deleted additions under section 68 for gifts and low withdrawals, and restored certain issues for further verification. The AO was instructed to verify facts and provide opportunities to the assessee before making any additions. Case-Laws Income Tax Mon, 11 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348589