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1970 (4) TMI 15 - SUPREME COURT
Shares and securities held by the company were its stock-in-trade, and the loss resulting from transactions relating thereto was revenue loss - company was a dealer in shares and securities and the loss resulting in the year of account of 1952-53 from sale of securities was liable to be treated in the A.Y. 1953-54 as revenue loss - assessee's appeal allowed
