2016 (3) TMI 1163

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..... investor for some of the transactions? [B] Whether, on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal is right in law in directing the Assessing Officer to treat the sum of ₹ 1,06,96,159/- as long term capital gain and not business income? [C] Whether, on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal is right in law .....

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..... spondent assessee, wherein the court has admitted the appeal on identical questions of law. 2. In the aforesaid premises, ADMIT. The following substantial questions of law arise for consideration :- [A] Whether, on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal is right in law in directing the Assessing Officer to treat the assessee as trader for some of t .....

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