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1997 (2) TMI 41 - HC - Income TaxExtract: .......uld be of revenue in nature. In view of the foregoing reasons, we consider that there is no infirmity in the order passed by the Tribunal in holding that the receipt of Rs. 20,000 by way of compensation is only revenue in nature. In that view of the matter, we answer the question referred to us in the affirmative and against the assessee. No costs.
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