https://www.taxtmi.com/highlights?id=32799 Mere fact that the assessee has also quickly sold shares in some instances within the short interval would not ipso facto lead to a conclusion that the assessee was a trader in the shares. The action of the CIT(A) in bifurcating the gains based on the period of holding of less than 30 days and more than 30 days is not supportable by the scheme of the Act. - AT en-us Mon, 09 Jan 2017 08:27:00 +0530 Mon, 09 Jan 2017 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32799 Mere fact that the assessee has also quickly sold shares in some instances within the short interval would not ipso facto lead to a conclusion that the assessee was a trader in the shares. The action of the CIT(A) in bifurcating the gains based on the period of holding of less than 30 days and more than 30 days is not supportable by the scheme of the Act. - AT Highlights Income Tax Mon, 09 Jan 2017 08:27:00 +0530 https://www.taxtmi.com/highlights?id=32799