https://www.taxtmi.com/caselaws?id=2882 The High Court ruled in favor of the assessee, holding that the amounts received pending appeals before the Calcutta High Court were not taxable until the appeals reached finality. The court emphasized the interim nature of the payments and the inchoate right of the assessees over the additional compensation. The decision in CWT/CIT v. Smt. T. Girija Ammal was instrumental in guiding the court's interpretation of the taxability of such amounts. en-us Tue, 05 Sep 2006 00:00:00 +0530 Thu, 31 Jul 2008 08:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2882 The High Court ruled in favor of the assessee, holding that the amounts received pending appeals before the Calcutta High Court were not taxable until the appeals reached finality. The court emphasized the interim nature of the payments and the inchoate right of the assessees over the additional compensation. The decision in CWT/CIT v. Smt. T. Girija Ammal was instrumental in guiding the court's interpretation of the taxability of such amounts. Case-Laws Income Tax Tue, 05 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2882