https://www.taxtmi.com/caselaws?id=219552 The Tribunal partly allowed the revenue's appeal, upholding the Assessing Officer's decision on treating short term capital gain from share transactions as business income due to trading activities. However, it accepted the Commissioner of Income Tax (Appeals)'s decision on long term capital gain, recognizing it as capital gains from investment activities. The Tribunal emphasized evaluating each case individually based on factors like frequency, volume, holding period, and actual conduct of the assessee to determine the nature of income from share transactions. en-us Fri, 20 Jul 2012 00:00:00 +0530 Mon, 01 Oct 2012 18:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219552 The Tribunal partly allowed the revenue's appeal, upholding the Assessing Officer's decision on treating short term capital gain from share transactions as business income due to trading activities. However, it accepted the Commissioner of Income Tax (Appeals)'s decision on long term capital gain, recognizing it as capital gains from investment activities. The Tribunal emphasized evaluating each case individually based on factors like frequency, volume, holding period, and actual conduct of the assessee to determine the nature of income from share transactions. Case-Laws Income Tax Fri, 20 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219552