https://www.taxtmi.com/forum/issue?id=2403 Where shares constitute a capital asset rather than stock-in-trade, proceeds on transfer are treated as capital gains. Frequency and volume of transactions, historical treatment as investments, and absence of sustained trading support capital gains treatment. Acquisition with borrowed funds does not automatically convert investment into trading; gains remain capital gains when shares retain capital asset character. en-us Sat, 27 Nov 2010 19:53:37 +0530 Thu, 23 Jan 2025 15:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2403 Where shares constitute a capital asset rather than stock-in-trade, proceeds on transfer are treated as capital gains. Frequency and volume of transactions, historical treatment as investments, and absence of sustained trading support capital gains treatment. Acquisition with borrowed funds does not automatically convert investment into trading; gains remain capital gains when shares retain capital asset character. Discussion-Forum Income Tax Sat, 27 Nov 2010 19:53:37 +0530 https://www.taxtmi.com/forum/issue?id=2403