https://www.taxtmi.com/caselaws?id=71292 The Tribunal determined that the compensation received by the assessee was partly revenue and partly capital in nature. Rs. 1.02 crore was treated as revenue receipts, and Rs. 48 lakhs as capital receipts. The appeal was partly allowed in this manner. The issue of assessing the income in the assessment year 1991-92 instead of 1992-93 was raised but not substantively argued or supported and was rejected. en-us Wed, 31 Aug 2005 00:00:00 +0530 Fri, 22 Apr 2011 13:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71292 The Tribunal determined that the compensation received by the assessee was partly revenue and partly capital in nature. Rs. 1.02 crore was treated as revenue receipts, and Rs. 48 lakhs as capital receipts. The appeal was partly allowed in this manner. The issue of assessing the income in the assessment year 1991-92 instead of 1992-93 was raised but not substantively argued or supported and was rejected. Case-Laws Income Tax Wed, 31 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71292