https://www.taxtmi.com/caselaws?id=62486 The Tribunal partially allowed the appeal by the assessee, confirming the assessment of the entire arbitration award amount as income but upholding the exclusion of pre-award interest from taxation. The Tribunal also upheld the decision to allow Rs. 50,000 as arbitration expenses while confirming the taxability of post-award interest as compensation for delay. en-us Tue, 18 Dec 1990 00:00:00 +0530 Thu, 20 Jan 2011 10:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62486 The Tribunal partially allowed the appeal by the assessee, confirming the assessment of the entire arbitration award amount as income but upholding the exclusion of pre-award interest from taxation. The Tribunal also upheld the decision to allow Rs. 50,000 as arbitration expenses while confirming the taxability of post-award interest as compensation for delay. Case-Laws Income Tax Tue, 18 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62486