https://www.taxtmi.com/caselaws?id=389877 The Tribunal upheld the assessment order, confirming the treatment of short-term capital gains as business income due to the systematic trading approach of the assessee. The disallowance of expenses was reduced to 15%, and an additional ground regarding income from house property was dismissed as already addressed by the CIT(A). The appeal of the assessee was ultimately dismissed, with the Tribunal supporting the decisions of the CIT(A) and the assessing officer on all grounds. en-us Fri, 06 Dec 2019 00:00:00 +0530 Wed, 18 Dec 2019 15:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389877 The Tribunal upheld the assessment order, confirming the treatment of short-term capital gains as business income due to the systematic trading approach of the assessee. The disallowance of expenses was reduced to 15%, and an additional ground regarding income from house property was dismissed as already addressed by the CIT(A). The appeal of the assessee was ultimately dismissed, with the Tribunal supporting the decisions of the CIT(A) and the assessing officer on all grounds. Case-Laws Income Tax Fri, 06 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389877