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2015 (6) TMI 520 - AT - Income TaxIncome from sale and purchase of shares - capital gains or business income - Held that:- The assessee is to be treated as an investor for the year under consideration also. We hold accordingly. The AO, therefore, is directed to treat the income from sale and purchase of shares as short term capital gains and long term capital gains according to the period of holding as per the provisions of law. - Decided in favour of assessee.
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