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2005 (9) TMI 242 - AT - Income TaxExtract: ....... ld. CIT(A) was justified in treating the compensation, received by the assessee for acting in accordance with restrictive covenant of agreement between him and B and L Ltd., as a capital receipt not chargeable to tax. We do not see any infirmity in the order of ld. CIT (A) on this issue. 9. In the result, the appeal of the department is dismissed.
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