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    <title>2014 (10) TMI 260 - ITAT MUMBAI</title>
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    <description>The Tribunal determined that the assessee should be classified as an investor rather than a trader in the case of Short Term Capital Gain (STCG) and Long Term Capital Gain (LTCG) arising from the sale of shares. The transactions were found to be more in line with investment activities rather than business activities, leading to the STCG and LTCG being assessed under &#039;Capital Gains.&#039; The assessee&#039;s appeal was allowed, and the Revenue&#039;s appeal was dismissed.</description>
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      <title>2014 (10) TMI 260 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=252126</link>
      <description>The Tribunal determined that the assessee should be classified as an investor rather than a trader in the case of Short Term Capital Gain (STCG) and Long Term Capital Gain (LTCG) arising from the sale of shares. The transactions were found to be more in line with investment activities rather than business activities, leading to the STCG and LTCG being assessed under &#039;Capital Gains.&#039; The assessee&#039;s appeal was allowed, and the Revenue&#039;s appeal was dismissed.</description>
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      <pubDate>Wed, 17 Sep 2014 00:00:00 +0530</pubDate>
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