https://www.taxtmi.com/caselaws?id=11208 A compromise decree drawn by a court on the basis of a settlement has the same binding force as any other decree, and a tribunal cannot treat it as less operative merely because it was not passed after full contest. On the income issue, the assessee had no enforceable right to sell the plots without a sale deed, and the disputed sale proceeds were required to be returned under the compromise decree. Amounts received under such a disputed and temporary claim did not accrue as taxable revenue income, so the addition was unsustainable. en-us Mon, 17 Nov 2003 00:00:00 +0530 Sat, 01 Aug 2009 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11208 A compromise decree drawn by a court on the basis of a settlement has the same binding force as any other decree, and a tribunal cannot treat it as less operative merely because it was not passed after full contest. On the income issue, the assessee had no enforceable right to sell the plots without a sale deed, and the disputed sale proceeds were required to be returned under the compromise decree. Amounts received under such a disputed and temporary claim did not accrue as taxable revenue income, so the addition was unsustainable. Case-Laws Income Tax Mon, 17 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11208