https://www.taxtmi.com/caselaws?id=350087 The Tribunal upheld the CIT(A)'s decision to treat the short-term capital gains as business income due to the assessee's frequent transactions, high volume of sales and purchases, and short holding periods indicating a business motive. The appeal was dismissed, and the short-term capital gains were confirmed as business income. en-us Tue, 24 Oct 2017 00:00:00 +0530 Tue, 31 Oct 2017 13:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350087 The Tribunal upheld the CIT(A)'s decision to treat the short-term capital gains as business income due to the assessee's frequent transactions, high volume of sales and purchases, and short holding periods indicating a business motive. The appeal was dismissed, and the short-term capital gains were confirmed as business income. Case-Laws Income Tax Tue, 24 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350087