https://www.taxtmi.com/acts?id=3385 Compensation for acquisition of immovable property must be tendered to entitled persons when the property vests in the Central Government; if apportionment or entitlement is disputed or there is no competent recipient, the Government shall deposit the compensation in court and refer the dispute for the court's decision. Failure to tender or deposit within the statutory period results in liability for statutory simple interest on the delayed amount, and the court may invest deposited sums and direct accumulation and payment of proceeds to approximate the benefit of the original property. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 01 Aug 2025 12:49:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3385 Compensation for acquisition of immovable property must be tendered to entitled persons when the property vests in the Central Government; if apportionment or entitlement is disputed or there is no competent recipient, the Government shall deposit the compensation in court and refer the dispute for the court's decision. Failure to tender or deposit within the statutory period results in liability for statutory simple interest on the delayed amount, and the court may invest deposited sums and direct accumulation and payment of proceeds to approximate the benefit of the original property. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3385