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2001 (1) TMI 221 - AT - Income TaxExtract: .......assessee we do not consider appropriate any more to deal with them, as we have held that there was no undisclosed income and that, the loss suffered by the assessee was to be set off on the facts of the instant case from the profits earned on the long-term and short-term capital gains on the sale of shares. 52. In the result, the appeal is allowed.
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