https://www.taxtmi.com/caselaws?id=281684 The Tribunal affirmed that the transactions constituted a business activity rather than investment, directing adjustments in the computation of business income. The assessee was permitted to claim the benefit of Security Transaction Tax related to business income and to adjust D-mat charges against the cost of shares confirmed as capital assets. The appeal was partially allowed, with business income limited to shares not carried over as capital assets as of a specific date. en-us Fri, 18 Oct 2013 00:00:00 +0530 Mon, 01 Jul 2019 15:56:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281684 The Tribunal affirmed that the transactions constituted a business activity rather than investment, directing adjustments in the computation of business income. The assessee was permitted to claim the benefit of Security Transaction Tax related to business income and to adjust D-mat charges against the cost of shares confirmed as capital assets. The appeal was partially allowed, with business income limited to shares not carried over as capital assets as of a specific date. Case-Laws Income Tax Fri, 18 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281684