Held that  all the transactions of sale and purchases were undertaken within a period ranging from eight days to eight months and the purchases for almost immediate resale thereof clearly demonstrated that the transactions entered were nothing but an adventure in the nature of trade, i. e., a business transactions under the extended definition of section 2(13) of the Act. Consequently, profits arising therefrom partook of the character of business income exigible to tax under section 28 of the Act. (AY.2012-13)