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2015 (11) TMI 295 - AT - Income TaxTreatment of share premium receipts - capital or revenue receipt - Held that:- CIT(A) correctly followed the decision of Hyderabad Bench of ITAT in the case of M/s. PVP Ventures Limited, Hyderabad [2013 (11) TMI 225 - ITAT HYDERABAD] wherein it was held that the receipt as share premium is a capital receipt and cannot be considered as revenue receipt. - Decided against revenue
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