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2016 (7) TMI 1566 - AT - Income TaxAddition on account of set off of loss claimed in transactions of shares F&O - HELD THAT:- In view of the submissions of the learned DR wherein he has agreed that the loss from shares and futures was covered by section 43(5)(d) of the Act and was not speculation loss and hence, an allowable deduction against the business income, we find no good reason to interfere with the order of the learned CIT(A) which is confirmed. Therefore, the ground of appeal of the revenue is dismissed.
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