https://www.taxtmi.com/caselaws?id=24006 Enhanced compensation was examined in the context of an assessee who had acquired leasehold rights, later sold those rights, and then relinquished its claim in enhancement proceedings under an agreement. The material fact was that the enhanced amount was credited to the society's account and was not retained by the assessee, indicating that the agreement was given effect. The issue therefore turned primarily on factual findings rather than an unresolved legal principle, and on those facts the compensation was treated as not taxable in the assessee's hands. en-us Fri, 21 Jul 1989 00:00:00 +0530 Fri, 15 Jan 2010 17:34:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24006 Enhanced compensation was examined in the context of an assessee who had acquired leasehold rights, later sold those rights, and then relinquished its claim in enhancement proceedings under an agreement. The material fact was that the enhanced amount was credited to the society's account and was not retained by the assessee, indicating that the agreement was given effect. The issue therefore turned primarily on factual findings rather than an unresolved legal principle, and on those facts the compensation was treated as not taxable in the assessee's hands. Case-Laws Income Tax Fri, 21 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24006