https://www.taxtmi.com/caselaws?id=293363 The Tribunal set aside the Assessing Officer's decision to treat short-term capital gains as business income, emphasizing the need for thorough verification of borrowed funds and maintenance of separate demat accounts. The appeals were allowed for statistical purposes, directing a fresh assessment by the AO to consider these factors and provide the assessee with a fair opportunity to present their case. en-us Thu, 19 May 2016 00:00:00 +0530 Mon, 08 Feb 2021 06:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293363 The Tribunal set aside the Assessing Officer's decision to treat short-term capital gains as business income, emphasizing the need for thorough verification of borrowed funds and maintenance of separate demat accounts. The appeals were allowed for statistical purposes, directing a fresh assessment by the AO to consider these factors and provide the assessee with a fair opportunity to present their case. Case-Laws Income Tax Thu, 19 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293363