https://www.taxtmi.com/caselaws?id=240753 The High Court upheld the decision of the Income-tax Appellate Tribunal, affirming that delivery-based transactions constituted short-term capital gains due to an investment motive, while F & O transactions and daily trading in shares were classified as business income. The Court found no legal basis to overturn the Tribunal's ruling, ultimately dismissing the Revenue's appeal. en-us Thu, 24 Nov 2011 00:00:00 +0530 Sat, 21 Feb 2015 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240753 The High Court upheld the decision of the Income-tax Appellate Tribunal, affirming that delivery-based transactions constituted short-term capital gains due to an investment motive, while F & O transactions and daily trading in shares were classified as business income. The Court found no legal basis to overturn the Tribunal's ruling, ultimately dismissing the Revenue's appeal. Case-Laws Income Tax Thu, 24 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240753