Avoidance of tax by buy and sale back transaction in security.

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..... by buy and sale back transaction in security. 121. (1) The transaction relating to buy and sale back of security under section 120 shall, in the case of the other person referred to therein, be i .....

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..... , if any other income accruing to the person on such security is not included in his total income. (3) The loss, referred to in sub-section (2), shall be ignored to the extent such loss does not .....

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