https://www.taxtmi.com/caselaws?id=357600 The Tribunal ruled in favor of the assessee, determining that the income from the sale of shares should be classified as business income and not short-term capital gain. Consequently, the assessee was entitled to the deduction under Section 35, subject to verification of other conditions by the AO. The appeal was allowed, and the order was pronounced on March 22, 2018. en-us Thu, 22 Mar 2018 00:00:00 +0530 Mon, 26 Mar 2018 08:37:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357600 The Tribunal ruled in favor of the assessee, determining that the income from the sale of shares should be classified as business income and not short-term capital gain. Consequently, the assessee was entitled to the deduction under Section 35, subject to verification of other conditions by the AO. The appeal was allowed, and the order was pronounced on March 22, 2018. Case-Laws Income Tax Thu, 22 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357600