Income from trading in shares in regular manner, is income from business

IN THE ITAT HYDERABAD BENCH ‘B’ Swarnim Multiventures (P.) Ltd. versus Deputy Commissioner of Income-tax, Circle 3(3), Hyderabad IT APPEAL NOS. 803 (HYD.) of 2011, 452 & 453 (HYD.) OF 2012 s.a. nos. 88 & 89 (hyd.) of 2012 [ASSESSMENT YEARs 2006-07 TO 2008-09] SEPTEMBER 21, 2012 ORDER Chandra Poojari, Accountant Member The two appeals by the assessee are directed against separate orders of the Commissioner of Income-tax(Appeals) IV, Hyderabad, both dated 29.2.2012 for the assessment years 2007-08 and 2008-09. Assessee has also filed applications seeking sta...