https://www.taxtmi.com/caselaws?id=219905 The Tribunal allowed the Revenue's appeals, classifying income from the sale of shares as business income rather than capital gains. The decision was based on the high volume, frequency, and systematic nature of the transactions, indicating business activities. The Tribunal found that the CIT(A) had not considered relevant facts and reinstated the assessing officer's classification of the income. en-us Fri, 28 Sep 2012 00:00:00 +0530 Mon, 25 Jul 2016 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219905 The Tribunal allowed the Revenue's appeals, classifying income from the sale of shares as business income rather than capital gains. The decision was based on the high volume, frequency, and systematic nature of the transactions, indicating business activities. The Tribunal found that the CIT(A) had not considered relevant facts and reinstated the assessing officer's classification of the income. Case-Laws Income Tax Fri, 28 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219905