https://www.taxtmi.com/caselaws?id=185815 Share gains were treated as capital gains because the assessee was a salaried investor and the transaction pattern did not show trading activity. The appellate authority and Tribunal found that the volume and frequency of transactions were not indicative of business, and that the shares were generally held for a substantial period. Those concurrent factual findings supported the conclusion that the assessee was acting as an investor rather than engaging in an adventure in the nature of trade. In the absence of perversity in those findings, no substantial question of law arose. en-us Mon, 01 Oct 2012 00:00:00 +0530 Wed, 24 Jan 2018 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185815 Share gains were treated as capital gains because the assessee was a salaried investor and the transaction pattern did not show trading activity. The appellate authority and Tribunal found that the volume and frequency of transactions were not indicative of business, and that the shares were generally held for a substantial period. Those concurrent factual findings supported the conclusion that the assessee was acting as an investor rather than engaging in an adventure in the nature of trade. In the absence of perversity in those findings, no substantial question of law arose. Case-Laws Income Tax Mon, 01 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185815