https://www.taxtmi.com/caselaws?id=10412 The appellant contested the taxability of enhanced compensation received, questioning whether it should be taxed in the year of receipt or when entitlement becomes final. The Assessing Officer deemed the amount taxable in the year of receipt due to the dispute over entitlement. The Commissioner of Income-tax (Appeals) disagreed, stating that the amount is not taxable until entitlement is finalized. The Income-tax Appellate Tribunal emphasized the need to establish absolute entitlement before applying tax laws. The High Court upheld the tribunal's decision, dismissing the appeal. en-us Thu, 03 Feb 2005 00:00:00 +0530 Wed, 15 Jul 2009 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10412 The appellant contested the taxability of enhanced compensation received, questioning whether it should be taxed in the year of receipt or when entitlement becomes final. The Assessing Officer deemed the amount taxable in the year of receipt due to the dispute over entitlement. The Commissioner of Income-tax (Appeals) disagreed, stating that the amount is not taxable until entitlement is finalized. The Income-tax Appellate Tribunal emphasized the need to establish absolute entitlement before applying tax laws. The High Court upheld the tribunal's decision, dismissing the appeal. Case-Laws Income Tax Thu, 03 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10412