https://www.taxtmi.com/caselaws?id=14821 Interest on enhanced compensation for acquired land was treated as non-taxable where the right to receive the additional compensation remained under challenge in pending appeals and had not crystallised. The court distinguished cases where only quantification of an admitted entitlement remains, holding that a disputed right to receive payment does not give rise to accrued income for the relevant year. It further noted that the issue was already covered by binding Supreme Court precedent on disputed compensation, so the later accrual ruling on enhanced compensation did not apply. The applications for reference therefore failed because no referable question of law arose. en-us Tue, 30 Nov 1999 00:00:00 +0530 Sat, 18 Jul 2009 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14821 Interest on enhanced compensation for acquired land was treated as non-taxable where the right to receive the additional compensation remained under challenge in pending appeals and had not crystallised. The court distinguished cases where only quantification of an admitted entitlement remains, holding that a disputed right to receive payment does not give rise to accrued income for the relevant year. It further noted that the issue was already covered by binding Supreme Court precedent on disputed compensation, so the later accrual ruling on enhanced compensation did not apply. The applications for reference therefore failed because no referable question of law arose. Case-Laws Income Tax Tue, 30 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14821