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2001 (2) TMI 259 - AT - Income TaxExtract: .......sideration paid as per cl. (8) of the agreement. Having regard to the fact that amount in question is paid for acquiring an asset of enduring nature, the payment was rightly held to be of capital nature and not deductible. 4.9. In the light of above discussion, we uphold the order of learned CIT(A). 5. In the result, assessee s appeal is dismissed.
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