https://www.taxtmi.com/caselaws?id=62869 Reassessment based on alleged non-disclosure was not sustainable because the compensation-related facts, including the award, pending appeals, and non-receipt of payment, had been fully disclosed in the original assessment. However, reopening was still maintainable to give effect to an earlier appellate finding or direction. On taxability, compensation for requisitioned property did not accrue in assessment year 1964-65 because the right to receive it and the quantum remained in real dispute until the High Court finally settled the matter. Income arose only when entitlement crystallised, so the amount could not be taxed in that year. en-us Fri, 30 Nov 1990 00:00:00 +0530 Sat, 22 Jan 2011 12:55:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62869 Reassessment based on alleged non-disclosure was not sustainable because the compensation-related facts, including the award, pending appeals, and non-receipt of payment, had been fully disclosed in the original assessment. However, reopening was still maintainable to give effect to an earlier appellate finding or direction. On taxability, compensation for requisitioned property did not accrue in assessment year 1964-65 because the right to receive it and the quantum remained in real dispute until the High Court finally settled the matter. Income arose only when entitlement crystallised, so the amount could not be taxed in that year. Case-Laws Income Tax Fri, 30 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62869