https://www.taxtmi.com/caselaws?id=57520 The Tribunal partially allowed the appeal, directing profits/losses from share sales to be treated as capital gains/losses, not business gains/losses. It upheld disallowance of depreciation on buildings not fully owned by the assessee and ordered reassessment of income under section 115J. The interest levy under section 234B was dismissed as consequential relief. en-us Wed, 03 Jul 1996 00:00:00 +0530 Fri, 10 Dec 2010 15:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57520 The Tribunal partially allowed the appeal, directing profits/losses from share sales to be treated as capital gains/losses, not business gains/losses. It upheld disallowance of depreciation on buildings not fully owned by the assessee and ordered reassessment of income under section 115J. The interest levy under section 234B was dismissed as consequential relief. Case-Laws Income Tax Wed, 03 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57520