https://www.taxtmi.com/caselaws?id=325063 The appellant's short term capital gains were classified as income from business trading activity rather than gains from shares held for investment. The courts upheld this decision based on factors such as holding periods and trading frequency, concluding that the shares were traded for profit. Despite the appellant's arguments, the courts found no reason to interfere with the lower authorities' findings, dismissing the appeal without awarding costs. en-us Mon, 22 Feb 2016 00:00:00 +0530 Wed, 09 Mar 2016 11:26:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325063 The appellant's short term capital gains were classified as income from business trading activity rather than gains from shares held for investment. The courts upheld this decision based on factors such as holding periods and trading frequency, concluding that the shares were traded for profit. Despite the appellant's arguments, the courts found no reason to interfere with the lower authorities' findings, dismissing the appeal without awarding costs. Case-Laws Income Tax Mon, 22 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325063