https://www.taxtmi.com/caselaws?id=357460 The Court upheld the lower authorities' decision characterizing the income as business income instead of Short Term Capital Gain, based on detailed analysis of share transactions, volume, duration held, and dividends earned. The Tribunal found no reason to overturn this characterization, noting the petitioner's past transactions were not determinative. Emphasizing the thorough analysis by Revenue authorities, the Court dismissed the appeal, concluding no substantial legal question arose, and disposed of pending applications. en-us Thu, 15 Mar 2018 00:00:00 +0530 Fri, 23 Mar 2018 07:14:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357460 The Court upheld the lower authorities' decision characterizing the income as business income instead of Short Term Capital Gain, based on detailed analysis of share transactions, volume, duration held, and dividends earned. The Tribunal found no reason to overturn this characterization, noting the petitioner's past transactions were not determinative. Emphasizing the thorough analysis by Revenue authorities, the Court dismissed the appeal, concluding no substantial legal question arose, and disposed of pending applications. Case-Laws Income Tax Thu, 15 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357460