Claim Denied: Stock Loss Not Speculative as Actual Delivery Confirmed by Agents in Commodity Trading.

Claim of loss in the stock business denied - loss from commodity stock trading - transaction could not be held to be a bogus transaction - delivery taken by arhtias in the capacity of agent of the assessee is to be construed as actual delivery taken by the assessee, the transaction therefore cannot be treated as speculative also. .....

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