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2008 (3) TMI 714 - AT - Income TaxExtract: .......s Ltd. vs. CIT 187 ITR 39 (SC). In the background of aforesaid discussion and precedents, in our opinion, the impugned sum has to be brought to tax as revenue receipt. Hence, we set aside the order of the learned Commissioner of Income Tax (Appeals) and restore that of the Assessing Officer. 18. In the result, this appeal by the Revenue is allowed.
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