https://www.taxtmi.com/caselaws?id=27202 Under the Land Acquisition Act, entitlement to compensation depended on when the award became operative and who was entitled to receive it on that date. The award signed on 9 November 1962 was effective only when announced on 15 December 1962, by which time the partnership firm had already come into existence. As a result, the acquisition compensation was attributable to the firm and not to the individual in his personal capacity. en-us Tue, 07 Aug 1984 00:00:00 +0530 Thu, 11 Feb 2010 15:00:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27202 Under the Land Acquisition Act, entitlement to compensation depended on when the award became operative and who was entitled to receive it on that date. The award signed on 9 November 1962 was effective only when announced on 15 December 1962, by which time the partnership firm had already come into existence. As a result, the acquisition compensation was attributable to the firm and not to the individual in his personal capacity. Case-Laws Income Tax Tue, 07 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27202