Profit from share dealings aren't business income of Insurance-co. if it treated it as investment si

IT: Where assessee-company was formed with object of carrying on business of insurance brokering services and for that purpose it was in process of securing approval from IRDA and during pendency of securing approval it had invested its surplus funds into shares and from very beginning it had treated shares as investments and during previous year it made purchases and sales of shares very frequently, share transactions made by assessee were not trading activities but investments only