https://www.taxtmi.com/caselaws?id=5908 The Supreme Court held that the assessee was entitled to set off the speculation losses of her deceased husband against her speculation profits for the assessment year under appeal. The Court concluded that the assessee had succeeded to her husband's partnership by inheritance, not by entering into a fresh deed of partnership. The appeal was allowed in favor of the assessee, and the question was answered in the affirmative. en-us Mon, 30 Sep 1985 00:00:00 +0530 Sat, 29 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5908 The Supreme Court held that the assessee was entitled to set off the speculation losses of her deceased husband against her speculation profits for the assessment year under appeal. The Court concluded that the assessee had succeeded to her husband's partnership by inheritance, not by entering into a fresh deed of partnership. The appeal was allowed in favor of the assessee, and the question was answered in the affirmative. Case-Laws Income Tax Mon, 30 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5908