https://www.taxtmi.com/caselaws?id=67838 The appeal was allowed in favor of the assessee, determining that the amount refunded by the Collector was not taxable in the relevant year due to the absence of an enforceable right acquired by the assessee. The judgment emphasizes the importance of legal principles and enforceability in determining the taxability of income for a taxpayer. en-us Mon, 10 Jan 1983 00:00:00 +0530 Mon, 14 Mar 2011 18:49:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67838 The appeal was allowed in favor of the assessee, determining that the amount refunded by the Collector was not taxable in the relevant year due to the absence of an enforceable right acquired by the assessee. The judgment emphasizes the importance of legal principles and enforceability in determining the taxability of income for a taxpayer. Case-Laws Income Tax Mon, 10 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67838