https://www.taxtmi.com/caselaws?id=189471 The Tribunal partially allowed the appeal, directing the AO to classify profits on shares held for less than one month as business income and those held for more than one month but up to twelve months as short-term capital gains. The Tribunal considered the assessee's trading patterns, investment intent, and relevant case law, concluding that the assessee falls between a trader and an investor. Specific details on charging interest under sections 234A, 234B, and 234C were not provided, pending the final income classification. en-us Fri, 25 Mar 2011 00:00:00 +0530 Tue, 10 Jan 2017 17:36:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189471 The Tribunal partially allowed the appeal, directing the AO to classify profits on shares held for less than one month as business income and those held for more than one month but up to twelve months as short-term capital gains. The Tribunal considered the assessee's trading patterns, investment intent, and relevant case law, concluding that the assessee falls between a trader and an investor. Specific details on charging interest under sections 234A, 234B, and 234C were not provided, pending the final income classification. Case-Laws Income Tax Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189471