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2001 (8) TMI 94 - HC - Income TaxExtract: .......efits the lease ire in the nature of rent. The former is capital and the latter is revenue in nature. The factual position as noted by the Tribunal and referred to by us goes to show that in the instant case the payment was of capital nature. The question, therefore, is answered in the affirmative, in favour of the Revenue and against the assessee.
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