https://www.taxtmi.com/caselaws?id=5289 Interest on enhanced compensation under the Land Acquisition Act accrues progressively from the date the landowner is dispossessed or possession is delivered until the date of the award or appellate order granting enhancement, and not wholly on the date of that order. Taxability follows that accrual pattern, so the entire interest cannot be assessed in the year of the enhancement order. The accepted principle is that the interest relates to the period during which compensation remains unpaid, making it taxable year by year as it accrues. en-us Wed, 08 Nov 1989 00:00:00 +0530 Fri, 29 Nov 2013 08:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5289 Interest on enhanced compensation under the Land Acquisition Act accrues progressively from the date the landowner is dispossessed or possession is delivered until the date of the award or appellate order granting enhancement, and not wholly on the date of that order. Taxability follows that accrual pattern, so the entire interest cannot be assessed in the year of the enhancement order. The accepted principle is that the interest relates to the period during which compensation remains unpaid, making it taxable year by year as it accrues. Case-Laws Income Tax Wed, 08 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5289