https://www.taxtmi.com/caselaws?id=25070 Interest on enhanced compensation under section 28 of the Land Acquisition Act, 1894, does not accrue year by year on a notional basis before final adjudication. The decisive factor is that no quantified and enforceable right to the enhanced compensation or corresponding interest exists until the court finally determines the claim. Where the assessee keeps no accounts, the amount cannot be spread on an accrual basis and is taxable only when the compensation and interest are finally determined and received. en-us Fri, 23 May 1986 00:00:00 +0530 Mon, 25 Jan 2010 11:43:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25070 Interest on enhanced compensation under section 28 of the Land Acquisition Act, 1894, does not accrue year by year on a notional basis before final adjudication. The decisive factor is that no quantified and enforceable right to the enhanced compensation or corresponding interest exists until the court finally determines the claim. Where the assessee keeps no accounts, the amount cannot be spread on an accrual basis and is taxable only when the compensation and interest are finally determined and received. Case-Laws Income Tax Fri, 23 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25070