https://www.taxtmi.com/highlights?id=30132 During the last few years assessee company followed the same practice of holding certain shares under the head “Investment” and some shares as “Stock in trade”. Therefore, as the assessee was holding the shares as investment consistently and the same were acquired out of own funds, there was no reason to treat the same as business income. en-us Tue, 05 Jul 2016 22:17:28 +0530 Tue, 05 Jul 2016 22:17:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30132 During the last few years assessee company followed the same practice of holding certain shares under the head “Investment” and some shares as “Stock in trade”. Therefore, as the assessee was holding the shares as investment consistently and the same were acquired out of own funds, there was no reason to treat the same as business income. Highlights Income Tax Tue, 05 Jul 2016 22:17:28 +0530 https://www.taxtmi.com/highlights?id=30132