https://www.taxtmi.com/caselaws?id=354406 The Tribunal directed a fresh adjudication by the CIT(A) concerning the treatment of Short Term Capital Gains under the head Business Income for Assessment Year 2008-09. The matter was remitted back to the CIT(A) for reevaluation in light of legal principles and past precedents, emphasizing the importance of considering the AO's treatment in previous years. The Tribunal allowed the assessee's appeal for statistical purposes, highlighting its commitment to a comprehensive review of the issue and the assessee's arguments. en-us Wed, 24 Jan 2018 00:00:00 +0530 Sat, 27 Jan 2018 08:19:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354406 The Tribunal directed a fresh adjudication by the CIT(A) concerning the treatment of Short Term Capital Gains under the head Business Income for Assessment Year 2008-09. The matter was remitted back to the CIT(A) for reevaluation in light of legal principles and past precedents, emphasizing the importance of considering the AO's treatment in previous years. The Tribunal allowed the assessee's appeal for statistical purposes, highlighting its commitment to a comprehensive review of the issue and the assessee's arguments. Case-Laws Income Tax Wed, 24 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354406