https://www.taxtmi.com/caselaws?id=188296 The Tribunal upheld the mixed treatment of gains, classifying some as short-term capital gains (STCG) and others as business income based on the overall facts and circumstances. Emphasizing intention, treatment in the books, and consistency with past assessments, the decision balanced these principles with the unique facts of the current year. The Tribunal considered the volume and frequency of transactions, use of borrowed funds, separate portfolios for activities, and the application of CBDT Circular No. 4 of 2007 in determining the appropriate classification of income. en-us Fri, 21 Feb 2014 00:00:00 +0530 Fri, 25 Nov 2016 10:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188296 The Tribunal upheld the mixed treatment of gains, classifying some as short-term capital gains (STCG) and others as business income based on the overall facts and circumstances. Emphasizing intention, treatment in the books, and consistency with past assessments, the decision balanced these principles with the unique facts of the current year. The Tribunal considered the volume and frequency of transactions, use of borrowed funds, separate portfolios for activities, and the application of CBDT Circular No. 4 of 2007 in determining the appropriate classification of income. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188296