Supreme Court's 1986 Ruling on Enhanced Compensation Applies Despite Income Tax Act Section 45(5) Changes. https://www.taxtmi.com/highlights?id=26323 Money received by the assessee by way of enhanced compensation/interest - the decision in CIT v. Hindustan Housing and Land Development Trust Limited (1986 (7) TMI 10 - SUPREME Court ) is to be applied despite Section 45(5) of the Act. - HC en-us Wed, 09 Dec 2015 12:21:40 +0530 Wed, 09 Dec 2015 12:21:40 +0530 TaxTMI RSS Generator Supreme Court's 1986 Ruling on Enhanced Compensation Applies Despite Income Tax Act Section 45(5) Changes. https://www.taxtmi.com/highlights?id=26323 Money received by the assessee by way of enhanced compensation/interest - the decision in CIT v. Hindustan Housing and Land Development Trust Limited (1986 (7) TMI 10 - SUPREME Court ) is to be applied despite Section 45(5) of the Act. - HC Highlights Income Tax Wed, 09 Dec 2015 12:21:40 +0530 https://www.taxtmi.com/highlights?id=26323