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2000 (3) TMI 168 - ITAT CALCUTTA-C
Extract:
.......ceived by the assessee was not casual in nature and the same was received by virtue of restrictive or noncompetitive covenant. So, the receipt was outside the purview of definition of income. Hence, we find no infirmity with the order of the CIT(A). The same is hereby upheld. 8. In the result, the appeal filed by the Department is hereby dismissed.