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2015 (1) TMI 1412 - ITAT MUMBAINature of receipt - entertainment duty collected by the assessee - revenue or capital expenditure - Held that:- After considering the impugned order and on perusal of record, we are of the opinion that the ld.CIT(A) is justified in holding entertainment duty collected by the assessee is a capital receipt as it is in conformity with the decision of the jurisdictional High Court in CIT V/s Chapahalkar Brothers [2013 (6) TMI 73 - BOMBAY HIGH COURT]. Accordingly, we affirm the order of ld. CIT(A) and dismiss the ground taken by the revenue.
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