https://www.taxtmi.com/caselaws?id=21299 Amount awarded by the Collector after land acquisition was treated as a crystallised asset on the valuation date once the acquisition had become final and possession had been taken. The filing of a reference for enhanced compensation under section 18 did not prevent receipt of the awarded amount under protest, nor did it justify excluding the amount from net wealth or valuing it only at a discount. On that basis, the awarded compensation was includible in the assessee's net wealth on the valuation date. en-us Fri, 24 Jul 1992 00:00:00 +0530 Sat, 21 Nov 2009 13:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21299 Amount awarded by the Collector after land acquisition was treated as a crystallised asset on the valuation date once the acquisition had become final and possession had been taken. The filing of a reference for enhanced compensation under section 18 did not prevent receipt of the awarded amount under protest, nor did it justify excluding the amount from net wealth or valuing it only at a discount. On that basis, the awarded compensation was includible in the assessee's net wealth on the valuation date. Case-Laws Wealth-tax Fri, 24 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21299