https://www.taxtmi.com/caselaws?id=3801 The High Court allowed the appeal, holding that the taxability of enhanced compensation and interest should align with established principles and provisions of the Income Tax Act. The court emphasized the importance of finality in determining tax liability, directing the compensation to be taxed in the year of receipt and deferring taxation of interest until final determination. en-us Thu, 10 Apr 2008 00:00:00 +0530 Fri, 28 Dec 2012 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3801 The High Court allowed the appeal, holding that the taxability of enhanced compensation and interest should align with established principles and provisions of the Income Tax Act. The court emphasized the importance of finality in determining tax liability, directing the compensation to be taxed in the year of receipt and deferring taxation of interest until final determination. Case-Laws Income Tax Thu, 10 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3801