https://www.taxtmi.com/caselaws?id=430687 The Tribunal upheld the CIT(A)'s order, ruling in favor of the assessee by maintaining the treatment of Long Term Capital Gains (LTCG) and Short Term Capital Gain (STCG) as capital gains rather than business income. The Tribunal found no grounds to overturn the CIT(A)'s decision, citing consistency in treatment in previous assessment years and the detailed explanations provided by the assessee. Consequently, the revenue's appeal was dismissed. en-us Tue, 22 Nov 2022 00:00:00 +0530 Thu, 24 Nov 2022 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430687 The Tribunal upheld the CIT(A)'s order, ruling in favor of the assessee by maintaining the treatment of Long Term Capital Gains (LTCG) and Short Term Capital Gain (STCG) as capital gains rather than business income. The Tribunal found no grounds to overturn the CIT(A)'s decision, citing consistency in treatment in previous assessment years and the detailed explanations provided by the assessee. Consequently, the revenue's appeal was dismissed. Case-Laws Income Tax Tue, 22 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430687