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1996 (4) TMI 107 - PUNJAB AND HARYANA HIGH COURTExtract: .......ts commission agents. The difference of Rs. 19,685 as loss paid without actual delivery of cotton bales was speculative in nature and, therefore, disallowable in nature. No interference is called for. For the reasons stated above, we answer the questions referred to us in the affirmative, in favour of the Revenue and against the assessee. No costs.
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