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1983 (1) TMI 113 - ITAT BOMBAY-BExtract: .......d. We do not find anything in that case to further the case of the revenue. 11. For the above reasons, we hold that the assessee was entitled to treat the capital loss of Rs. 68,236 as a short-term capital loss. We direct that the claim of the assessee be accepted and the assessment be modified accordingly. 12. In the result, the appeal is allowed.
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