Share Trading is business activity if High volume, frequency, regularity & systematic

IN THE ITAT HYDERABAD BENCH ‘A’ Assistant Commissioner of Income-tax versus Anil Kumar Jain IT Appeal Nos. 163 & 164 (Hyd) of 2011 [ASSESSMENT YEAR 2007-08] SEPTEMBER 28, 2012 ORDER Chandra Poojari, Accountant Member   These two appeals filed by the Revenue are directed against similar but separate orders of the CIT(A)-VI, Hyderabad dated 29.10.2010 for the assessment year 2007-08. Since only a common issue is involved, these appeals are being disposed off with this common order for the sake of convenience. 2. The only issue involved in these appeals is with ...