https://www.taxtmi.com/caselaws?id=219203 The High Court upheld the Tribunal's decision in an appeal under Section 260-A of the Income Tax Act, 1961, regarding the accrual of interest on additional compensation. The Court ruled that as the award had been stayed, no interest accrued to the assessee, and they were not entitled to the enhanced compensation until the matter was finally decided. Therefore, the interest income was deemed non-taxable during the assessment years in question, leading to the dismissal of the appeal. en-us Mon, 03 Dec 2012 00:00:00 +0530 Fri, 07 Dec 2012 22:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219203 The High Court upheld the Tribunal's decision in an appeal under Section 260-A of the Income Tax Act, 1961, regarding the accrual of interest on additional compensation. The Court ruled that as the award had been stayed, no interest accrued to the assessee, and they were not entitled to the enhanced compensation until the matter was finally decided. Therefore, the interest income was deemed non-taxable during the assessment years in question, leading to the dismissal of the appeal. Case-Laws Income Tax Mon, 03 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219203