https://www.taxtmi.com/caselaws?id=19197 The High Court dismissed the petition in a case involving the tax treatment of interest accrued on compensation pending final determination. The court found no referable question of law as the trust had withdrawn enhanced compensation by providing security for restitution, making the tax liability evident based on established legal principles. The judgment highlights the unsettled nature of such amounts and emphasizes the applicability of existing legal principles in determining tax liability. en-us Mon, 13 Mar 1995 00:00:00 +0530 Wed, 04 Nov 2009 15:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19197 The High Court dismissed the petition in a case involving the tax treatment of interest accrued on compensation pending final determination. The court found no referable question of law as the trust had withdrawn enhanced compensation by providing security for restitution, making the tax liability evident based on established legal principles. The judgment highlights the unsettled nature of such amounts and emphasizes the applicability of existing legal principles in determining tax liability. Case-Laws Income Tax Mon, 13 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19197