Share Trading as Sole Business: Section 73 Deeming Fiction Applies to Assessee's Income Tax Case.

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....Treatment of loss from share trading - The specific admission of the assessee before the assessing officer assumes significance that share trading is sole business during the assessment year - The assessee made an admission on a statement of fact which in our view, must bind it. - the deeming fiction u/s 73 would be attracted.....