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2005 (7) TMI 292 - ITAT COCHINExtract: .......s discussed above, we are of the considered opinion that the amount received by the assessee from M/s. Techni Bharathi Ltd. on the sale of the earth is a revenue receipt and it has been rightly taxed under the I.T Act. Therefore, we uphold the order of the Commissioner (Appeals). Order accordingly. 12. In the result, assessee s appeal is dismissed.
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