Genuineness of loss couldn't be doubted just because assessee sold mutual funds immediately after earning dividend

INCOME TAX: Where assessee purchased certain units of mutual funds and earned dividend of certain amount on same and soon after earning dividend, a redemption was taken place wherin assessee had suffered loss, since assessee filed several documentary evidences to prove genuineness of loss suffered by it on sale of mutual funds and, further, revenue admittedly found that subjected transaction completely falls out of clutches of section 94(7), assessee was entitled to claim set off of said loss ag

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