https://www.taxtmi.com/caselaws?id=210884 The Tribunal upheld the treatment of the profit from share transactions as "business income" due to the assessee's active engagement in share trading activities, despite arguments of consistent investment portrayal. The issue of disallowance under section 14A related to dividend income was remanded to the AO for fresh adjudication following the decision in a relevant case, resulting in the appeal being partly allowed for statistical purposes. en-us Wed, 02 Nov 2011 00:00:00 +0530 Thu, 21 Apr 2016 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210884 The Tribunal upheld the treatment of the profit from share transactions as "business income" due to the assessee's active engagement in share trading activities, despite arguments of consistent investment portrayal. The issue of disallowance under section 14A related to dividend income was remanded to the AO for fresh adjudication following the decision in a relevant case, resulting in the appeal being partly allowed for statistical purposes. Case-Laws Income Tax Wed, 02 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210884