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2004 (10) TMI 277 - AT - Income TaxExtract: .......anation to section 73. It is not the case of assessee that his client falls within the exception provided in Explanation to section 73. Therefore, in my opinion, the lower authorities were justified iniholding the loss to assessee as speculative loss. The order of the CIT(A) is, therefore, upheld. 12. In the result, appeal of assessee is dismissed.
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