https://www.taxtmi.com/caselaws?id=218450 The Tribunal determined that the assessee was involved in both investment and business activities regarding share transactions. It instructed the assessee to provide detailed data distinguishing between shares held as investments and stock-in-trade for the Assessing Officer to re-determine income. The appeals for the assessment years 2007-08 and 2008-09, as well as the Revenue's appeal for 2006-07, were partly allowed for statistical purposes. The stay applications by the assessee were dismissed as they were no longer relevant after the appeal decisions. en-us Fri, 21 Sep 2012 00:00:00 +0530 Fri, 16 Nov 2012 07:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218450 The Tribunal determined that the assessee was involved in both investment and business activities regarding share transactions. It instructed the assessee to provide detailed data distinguishing between shares held as investments and stock-in-trade for the Assessing Officer to re-determine income. The appeals for the assessment years 2007-08 and 2008-09, as well as the Revenue's appeal for 2006-07, were partly allowed for statistical purposes. The stay applications by the assessee were dismissed as they were no longer relevant after the appeal decisions. Case-Laws Income Tax Fri, 21 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218450