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1985 (10) TMI 38 - HC - Income TaxExtract: .......d amount of Rs. 37,500 received by the assessee as compensation in lieu thereof was, therefore, a receipt capital in nature. In the premises, the questions are answered thus (a) The receipt of the said amount of Rs. 37,500 by the assessee was of a capital nature. (b) In the negative. The Revenue shall pay to the assessee the costs of the reference.
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