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2000 (6) TMI 122 - ITAT BANGALORE
Extract:
.......essing Officer as well as the CIT(A) that the receipt amounting to Rs. 40 lakhs in the hands of the assessee was his business income is therefore set-aside. The Assessing Officer is directed to deal with the matter afresh treating the said receipt of Rs. 40 lakhs in the hands of the assessee as capital receipt. 21. In result, the appeal is allowed.