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1960 (3) TMI 56 - HC - Income TaxExtract: .......ly instalments of ₹ 11,250 was of a revenue nature. In my opinion therefore, the sum of ₹ 11,250 received by the assessee during the year of account is a capital receipt. The question is answered accordingly. The assessee is entitled to his costs, which we assess at ₹ 200. C.P. SINHA, C.J.--I agree. Reference answered accordingly.
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