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1993 (10) TMI 111 - AT - Income TaxExtract: .......ess. If one should attend upon these facts in the light of the principle explained in Rai Bahadur Jairam Valji s case, it is impossible to come to any conclusion other than that compensation received is taxable as a revenue receipt. We accordingly hold that on the issue and reverse the order of the Commissioner (Appeals). 26. The appeal is allowed.
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