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1991 (3) TMI 97 - ALLAHABAD HIGH COURT
Extract:
.......pellate Tribunal was in error in holding that the said receipt was a capital gain and in further directing the Income-tax Officer to compute the tax treating it as a capital gain. For the above reasons, the question referred is answered in the negative, that is, in favour of the Revenue and against the assessee. There shall be no order as to costs.