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2016 (12) TMI 1350 - AT - Income TaxAllowability of LTCL to be carried forward - Held that:- Following the decision of the Coordinate Bench in the case of Raptakos Brett & Co. Ltd. (2015 (6) TMI 529 - ITAT MUMBAI ), we direct the Assessing Officer to allow the assessee’s claim for carry forward of LTCL on sale of shares of NOCIL Ltd. for set off in subsequent years in accordance with law. - Decided in favour of assessee.
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