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2010 (5) TMI 870 - AT - Income TaxExtract: .......ion. 8. In the result, the assessee’s contentions are upheld and the Assessing Officer is directed to allow set off of the speculation loss brought forward from the assessment year 2001-02 against the speculation profits for the year under appeal. The appeal is allowed with no order as to costs. Order pronounced on this 31st day of May, 2010.
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