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2014 (12) TMI 1187 - AT - Income TaxShort term capital gain v/s business income - Held that:- The assessee is an investor who has been assessed as investor since A.Y 2000- 01 onwards. We, therefore do not find any reason to deviate from the rule of consistency. We, therefore, do not find any reason in the findings of the Ld. CIT(A) to treat the assessee as an investor where the holding period was less than 7 days. We, accordingly set aside the findings of the Ld. CIT(A) and direct the AO to treat the entire Short Term Capital Gains as such. - Decided in favour of assessee.
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