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2001 (12) TMI 26 - HC - Income TaxExtract: .......ociation with the disposal of a capital asset and thus the receipt in our opinion should be treated as a revenue receipt. For the reasons aforementioned, we are of the opinion that the question sent to this court for its opinion by the Income-tax Appellate Tribunal must be answered in the negative, in favour of the Revenue and against the assessee.
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