https://www.taxtmi.com/caselaws?id=209900 The Tribunal concluded that the assessee should be treated as an investor, not a trader. The CIT(A)'s decision to classify the assessee as both an investor and a trader based on the holding period of shares was deemed incorrect. The Tribunal held that the capital gains declared by the assessee should be accepted. As a result, the appeal by the assessee was allowed, while the appeal by the revenue was dismissed. en-us Wed, 18 May 2011 00:00:00 +0530 Tue, 09 Jul 2013 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209900 The Tribunal concluded that the assessee should be treated as an investor, not a trader. The CIT(A)'s decision to classify the assessee as both an investor and a trader based on the holding period of shares was deemed incorrect. The Tribunal held that the capital gains declared by the assessee should be accepted. As a result, the appeal by the assessee was allowed, while the appeal by the revenue was dismissed. Case-Laws Income Tax Wed, 18 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209900