Dismissing the appeal of the revenue the Court held that the amount received by the assessee from the State Government in the form of grant-in-aid utilised for clearing the salary and provident fund dues and flood relief was capital in nature.  There was no separate business consideration on record between the grantor-State Government and the recipient-assessee. Since flood relief did not constitute part of the business of the assessee, the funds extended for flood relief could not constitute revenue receipt. (AY.2006 -07)