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1980 (10) TMI 130 - ITAT MADRAS-DExtract: ....... continued to be the stock-in-trade of the assessee and, therefore, the loss of Rs. 6,45,000 computed by the CIT (A) as arising out of the realisation of these shares during the previous year for the assessment year should be treated as the business loss of the assessee for this assessment year. 12. The departmental appeal is, therefore, dismissed.
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