https://www.taxtmi.com/caselaws?id=313471 The J&K HC set aside the ITAT's order on shares transactions and legal expenses, remitting the case for fresh consideration. The court emphasized a comprehensive assessment of factors like volume, frequency, and continuity of transactions to determine the nature of shares as investments or stock-in-trade. Both issues require reevaluation by ITAT, allowing parties to present all legal contentions. en-us Fri, 14 Jul 2017 00:00:00 +0530 Tue, 16 Apr 2024 20:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313471 The J&K HC set aside the ITAT's order on shares transactions and legal expenses, remitting the case for fresh consideration. The court emphasized a comprehensive assessment of factors like volume, frequency, and continuity of transactions to determine the nature of shares as investments or stock-in-trade. Both issues require reevaluation by ITAT, allowing parties to present all legal contentions. Case-Laws Income Tax Fri, 14 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313471