https://www.taxtmi.com/caselaws?id=9737 The court upheld the Tribunal's decision, emphasizing that disputed compensation should only be assessed when finally determined by higher courts for tax purposes. The court reiterated that additional compensation during pending appeals in acquisition proceedings is considered an inchoate right until determined by higher judicial forums. The assessment of disputed compensation for wealth tax purposes should align with income tax assessments, and wealth tax does not apply when income is not accruing or arising. The appeal was dismissed as no legal questions arose for consideration. en-us Wed, 01 Feb 2006 00:00:00 +0530 Tue, 30 Jun 2009 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9737 The court upheld the Tribunal's decision, emphasizing that disputed compensation should only be assessed when finally determined by higher courts for tax purposes. The court reiterated that additional compensation during pending appeals in acquisition proceedings is considered an inchoate right until determined by higher judicial forums. The assessment of disputed compensation for wealth tax purposes should align with income tax assessments, and wealth tax does not apply when income is not accruing or arising. The appeal was dismissed as no legal questions arose for consideration. Case-Laws Wealth-tax Wed, 01 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9737