https://www.taxtmi.com/caselaws?id=13009 A disputed claim for mesne profits or damages after valid termination of a tenancy is not contractual rent and does not create accrued income until the claim is adjudicated or crystallised into an enforceable debt. The Delhi High Court analysis applies the distinction between an admitted right to receive payment and a contested claim requiring determination, holding that such unascertained amounts do not fall within accrual under sections 4 and 5 of the Income-tax Act, 1961. Section 194-I was treated as irrelevant to the accrual question. The post-termination mesne profits and related amounts were therefore not taxable in the relevant assessment years. en-us Fri, 21 Dec 2001 00:00:00 +0530 Mon, 25 May 2009 18:25:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13009 A disputed claim for mesne profits or damages after valid termination of a tenancy is not contractual rent and does not create accrued income until the claim is adjudicated or crystallised into an enforceable debt. The Delhi High Court analysis applies the distinction between an admitted right to receive payment and a contested claim requiring determination, holding that such unascertained amounts do not fall within accrual under sections 4 and 5 of the Income-tax Act, 1961. Section 194-I was treated as irrelevant to the accrual question. The post-termination mesne profits and related amounts were therefore not taxable in the relevant assessment years. Case-Laws Income Tax Fri, 21 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13009