https://www.taxtmi.com/caselaws?id=63254 Income received or accrued is taxable under section 4 even if it arises from an alleged illegal or void arrangement, subject only to deductions or exemptions expressly allowed by law. On the facts described, the amount received for prosecuting litigation for enhanced compensation was held taxable, and the addition was sustained. The claim for interest under section 214 required fresh adjudication because the CIT(A) had not decided that ground, so the matter was restored for consideration on merits. Charging of interest under sections 215 and 216 was treated as consequential, and no interference was called for. en-us Wed, 21 Jan 2004 00:00:00 +0530 Fri, 28 Jan 2011 17:25:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63254 Income received or accrued is taxable under section 4 even if it arises from an alleged illegal or void arrangement, subject only to deductions or exemptions expressly allowed by law. On the facts described, the amount received for prosecuting litigation for enhanced compensation was held taxable, and the addition was sustained. The claim for interest under section 214 required fresh adjudication because the CIT(A) had not decided that ground, so the matter was restored for consideration on merits. Charging of interest under sections 215 and 216 was treated as consequential, and no interference was called for. Case-Laws Income Tax Wed, 21 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63254