https://www.taxtmi.com/caselaws?id=376044 The court upheld the Tribunal's decision to treat the gain from the sale of shares as business income rather than short-term capital gain. The court emphasized the importance of factual considerations, such as the volume of transactions, holding period, and the assessee's intention in determining the nature of income from share transactions. The court dismissed the appeals, noting that the inconsistency in treatment of gains and losses in different years did not impact the current decision. en-us Wed, 27 Feb 2019 00:00:00 +0530 Fri, 01 Mar 2019 07:48:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376044 The court upheld the Tribunal's decision to treat the gain from the sale of shares as business income rather than short-term capital gain. The court emphasized the importance of factual considerations, such as the volume of transactions, holding period, and the assessee's intention in determining the nature of income from share transactions. The court dismissed the appeals, noting that the inconsistency in treatment of gains and losses in different years did not impact the current decision. Case-Laws Income Tax Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376044