https://www.taxtmi.com/caselaws?id=349838 The tribunal partly allowed the appeal of the assessee. The claim for capital loss on extinguishment of investment in equity shares was allowed, while the classification of income from the sale of immovable properties as business income and the lump sum additions for various expenses were upheld. en-us Mon, 16 Oct 2017 00:00:00 +0530 Thu, 26 Oct 2017 08:37:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349838 The tribunal partly allowed the appeal of the assessee. The claim for capital loss on extinguishment of investment in equity shares was allowed, while the classification of income from the sale of immovable properties as business income and the lump sum additions for various expenses were upheld. Case-Laws Income Tax Mon, 16 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349838