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1995 (1) TMI 112 - AT - Income TaxExtract: ....... be a benefit or perquisite arising from the business which is not the case before us. That section, therefore, has no application to the receipt in question. 6. We are, therefore, of the view that the receipt of Rs. 10 lakh cannot be brought to tax as business profit. The assessee s ground is allowed. 7. In the result, the appeal is partly allowed
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