https://www.taxtmi.com/caselaws?id=182374 The Tribunal upheld the CIT(A)'s order in favor of the assessee, dismissing the Revenue's appeals. The assessee was considered an investor rather than a trader based on factors such as consistent treatment of shares as investments, valuation at cost, absence of borrowed funds for purchases, and holding period exceeding 30 days. The decision was supported by the nature of transactions and legal precedents, affirming the assessee's status as an investor for the assessment years in question. en-us Mon, 24 Sep 2012 00:00:00 +0530 Mon, 09 May 2016 10:15:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182374 The Tribunal upheld the CIT(A)'s order in favor of the assessee, dismissing the Revenue's appeals. The assessee was considered an investor rather than a trader based on factors such as consistent treatment of shares as investments, valuation at cost, absence of borrowed funds for purchases, and holding period exceeding 30 days. The decision was supported by the nature of transactions and legal precedents, affirming the assessee's status as an investor for the assessment years in question. Case-Laws Income Tax Mon, 24 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182374