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    <title>2010 (2) TMI 762 - ITAT MUMBAI</title>
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    <description>The Tribunal allowed the deduction claim for interest but rejected the depreciation and speculative loss treatment claims. It upheld the allowance of business loss due to share extinction and the carry forward of long-term capital loss, while reversing the decision on derivatives and future options transactions.</description>
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      <description>The Tribunal allowed the deduction claim for interest but rejected the depreciation and speculative loss treatment claims. It upheld the allowance of business loss due to share extinction and the carry forward of long-term capital loss, while reversing the decision on derivatives and future options transactions.</description>
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