Amendment of Section 72

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..... on is a loss to the assessee, not being a loss sustained in a speculation business, and such loss cannot be or is not wholly set off against income under any head of income in accordance with the provisions of section 71, so much of the loss as has not been so set off or, where the assessee has income only under the head Capital gains and has exercised the option under sub section (2) of that sect .....

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