<h1>Gujarat High Court: Buying Shares with Borrowed Funds at High Interest Still Considered Investment, Not Trade Adventure.</h1> The Gujarat High Court ruled that the purchase of shares using borrowed funds at a high interest rate does not alter the transaction's nature from investment to an 'adventure in the nature of trade.' The court dismissed the revenue's appeal, siding with the assessee, and referenced Supreme Court decisions. These decisions emphasized that determining whether a transaction is an adventure in trade depends on the overall impression of the relevant facts and circumstances, rather than any abstract rule. Additionally, capital investments do not lose their nature simply because resale was anticipated or motivated by potential value increases.