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2015 (2) TMI 949 - HC - Income TaxGain arising out of share transaction - short term and long term capital gains or business income - Held that:- The issue of taxability of gain arising out of share transaction as short term and long term capital gains and not as business income, is covered in favour of the assessee as relying on assessee's own case for AY 2005-2006 [2015 (2) TMI 934 - ITAT AHMEDABAD] wherein held that the profits on share transaction were assessable as long term and short term capital gain and not as business income. - Decided against revenue.
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