https://www.taxtmi.com/caselaws?id=7658 Compensation for deprivation of the use of requisitioned premises was not assessable as business income under section 10(2A) of the Income-tax Act, 1922 because the statutory condition of identity between the earlier allowance and the later receipt was absent. The earlier deduction had been allowed for rent paid on an alternative godown, while the compensation related to loss of use of the assessee's own Dharmshala. As the two transactions were distinct, the fact that both amounts were calculated at the same monthly rate did not establish the required nexus. The receipt therefore fell outside section 10(2A). en-us Fri, 31 Oct 1969 00:00:00 +0530 Tue, 17 Mar 2009 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7658 Compensation for deprivation of the use of requisitioned premises was not assessable as business income under section 10(2A) of the Income-tax Act, 1922 because the statutory condition of identity between the earlier allowance and the later receipt was absent. The earlier deduction had been allowed for rent paid on an alternative godown, while the compensation related to loss of use of the assessee's own Dharmshala. As the two transactions were distinct, the fact that both amounts were calculated at the same monthly rate did not establish the required nexus. The receipt therefore fell outside section 10(2A). Case-Laws Income Tax Fri, 31 Oct 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7658