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2006 (1) TMI 617 - AT - Income TaxExtract: .......rrect in law in directing the Assessing Officer to allow the set off of such loss against the short-term capital gain earned by the assessee. We accordingly, set aside the order of the CIT(A) and restore the order of the Assessing Officer on this issue by allowing the appeal of the revenue. 6. In the result the appeal of the revenue stands allowed.
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