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2016 (9) TMI 1506 - HC - Income TaxCharacterization of income - compensation from Castrol, UK for delay in payment of proceeds of shares tendered under the open offer - HELD THAT:- Appeal admitted on the following substantial question of law:- “Whether on the facts and circumstances of the case and in law, the Tribunal erred in holding that compensation received by the appellant from Castrol, UK for delay in payment of proceeds of shares tendered under the open offer is includible in Capital Gains as against Interest Income?”
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