ITAT allows assessee to prove that loss arising on jobbing transaction wasn't speculative; case rema

IT : Where assessee, a share and stock broker, apart from business undertaken for and on behalf of its clients was also engaged in trading in shares as well as jobbing on own account and Assessing Officer treated loss incurred by assessee on jobbing activity as speculative loss, matter was sent back to Assessing Officer to enable assessee to present its case of jobbing transactions as non speculative in terms of section 43(5)(c)