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2006 (3) TMI 532 - AT - Income Tax
Extract:
.......TM-B and the secret knowledge etc., and thus, the same is a capital receipt. The receipt was not for stock in trade or for transfer of any circulating capital. Thus, we accept the contention of the assessee that the receipt in question, is a capital receipt, and allow the appeal of the assessee. 7. In the result, assessee rsquo s appeal is allowed.