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1992 (2) TMI 126 - ITAT BOMBAY-DExtract: .......ng income chargeable under the head income from other sources and, therefore, the assessee would be an investment company and the loss incurred by the assessee on purchase and sale of shares would not be speculative in nature within the meaning of the provisions of Explanation to section 73 of the Act. We hold accordingly. 11. The appeal is allowed
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