Gain on sale of share taxable as STCG if assessee maintained separate portfolio for 'trading'

IT: Where AO took a view that profit arising from sale of shares was taxable as business income, in view of fact that investment in shares were made out of assessee's own funds and, moreover, assessee had maintained two protfolios, one for 'investment' and other for 'trading', mere fact that assessee held those shares for a short period, would not convert capital gain into business income and, thus, amount in question was to be taxed as short term capital gain

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