2017 (10) TMI 1010

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..... y article or thing’ but, within the meaning of the words ‘right to carry on any business? - Held that:- SLP dimissed. HC order confirmed [2017 (4) TMI 413 - RAJASTHAN HIGH COURT] Payment received as non-competition fee under a negative covenant was always treated as a capital receipt till the assessment year 2003-04. It is only vide Finance Act, 2002 with effect from 1.4.2003 that the said cap .....

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