Dismissing the appeal of the revenue the Tribunal held that, the assessee had furnished all details of purchase and sale of shares, obligation files of stock exchange and trade files received from stock exchange in which all details were given showing transactions entered into by assessee, Demat transaction and holding statements showing delivery of shares for purchase and sale of shares ,copies of contract notes issued by registered share broker for purchase and sale of shares,  provided copy of bank statements marking payments made to/received from stock exchange in respect of purchase and sale of shares. Loss cannot be disallowed as bogus loss. (AY. 2013-14)