https://www.taxtmi.com/caselaws?id=40054 The Supreme Court upheld the High Court's decision that the assessee was an investor in shares, not a dealer. The High Court's judgment considered the intention to nurse investments and prevent capital erosion, which the Tribunal overlooked. The appeals were dismissed with costs, and the Special Leave Petitions were also dismissed without costs. en-us Thu, 08 May 1986 00:00:00 +0530 Fri, 30 Sep 2022 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40054 The Supreme Court upheld the High Court's decision that the assessee was an investor in shares, not a dealer. The High Court's judgment considered the intention to nurse investments and prevent capital erosion, which the Tribunal overlooked. The appeals were dismissed with costs, and the Special Leave Petitions were also dismissed without costs. Case-Laws Income Tax Thu, 08 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40054