2026 (5) TMI 1190

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....sudani, Sr. DR ORDER PER SANJAY GARG, JUDICIAL MEMBER: The present appeal has been preferred by the assessee against the order of the Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as 'CIT(A)'] dated 08/09/2025 passed u/s. 250 of the Income Tax Act, 1961 (hereinafter referred to as 'the Act') for the Assessment Year (AY....

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....he outset, the Ld. Counsel for the assessee has submitted that the assessee has been continuously making investment in shares for the last so many years and has consistently shown the shares purchased by the assessee as investment and any profit/loss earned by the assessee on such share transaction has been consistently taxed as capital gains /loss and not as business income/loss. The assessee has....