https://www.taxtmi.com/caselaws?id=27281 Liability for the additional salary did not accrue on the award date because the parties later entered into a written settlement that modified and superseded the industrial award. The assessee paid the amount under that settlement in the relevant assessment year, so the operative liability arose only in that year and not on 31 July 1970. The timing of finality of the award was therefore immaterial to the tax question, and the issue was decided in favour of the assessee. en-us Tue, 08 Jan 1985 00:00:00 +0530 Thu, 11 Feb 2010 18:21:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27281 Liability for the additional salary did not accrue on the award date because the parties later entered into a written settlement that modified and superseded the industrial award. The assessee paid the amount under that settlement in the relevant assessment year, so the operative liability arose only in that year and not on 31 July 1970. The timing of finality of the award was therefore immaterial to the tax question, and the issue was decided in favour of the assessee. Case-Laws Income Tax Tue, 08 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27281