https://www.taxtmi.com/caselaws?id=391868 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to treat the assessee as a trust and not as an AOP. The income from the trust was correctly taxed in the hands of the beneficiary, and the income from the sale of shares was rightly treated as LTCG. The Tribunal found no infirmity in the CIT(A)'s detailed and reasoned order. The appeal of the Revenue was thus dismissed. en-us Wed, 15 Jan 2020 00:00:00 +0530 Sat, 08 Feb 2020 07:40:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391868 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to treat the assessee as a trust and not as an AOP. The income from the trust was correctly taxed in the hands of the beneficiary, and the income from the sale of shares was rightly treated as LTCG. The Tribunal found no infirmity in the CIT(A)'s detailed and reasoned order. The appeal of the Revenue was thus dismissed. Case-Laws Income Tax Wed, 15 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391868