TaxTMI 
Taxpayer's Share Sale Profits Reclassified as Business Income Due to Trading Intent, Not Investment Gains.
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....Profit earned on sale of shares - frequency and volume of purchase and sale of shares shows, intention of assessee was to generate income through trade, rather than invest in them. - CIT (A) is not correct in considering income generated from sale of these shares as “capital gain” instead of “income from business”.....