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1959 (12) TMI 44 - HC - Income TaxExtract: .......the circumstances of the case, the Tribunal was right in holding that the amount of ₹ 15,040 represented compensation for loss of business and was receipt of a capital nature. The contention of the assessee, therefore, prevails and he is entitled to his costs which we assess at ₹ 250. Khosla CJ - I agree. Reference answered accordingly.
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