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2013 (9) TMI 1293 - ITAT BANGALOREExtract: .......he claim of the Assessee for its non-taxability has to be accepted. In our view the ratio laid down by the Hon'ble Supreme Court in the case of Bangalore Club (supra) in our view has been wrongly extended to the aforesaid receipts also. We therefore hold that the aforesaid receipts are not taxable. In the result, the appeals are partly allowed.
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