https://www.taxtmi.com/caselaws?id=28906 Post-institution interest in a money suit did not accrue as income year by year before decree where entitlement and rate remained subject to the court's discretion under section 34 of the Code of Civil Procedure. The assessee had only a claim to seek such interest, not a vested right to receive it until the civil court determined the matter. The Tribunal was also justified in restoring the issue for fresh decision after the suit outcome was known, as final tax treatment depended on the decree and the underlying claim's resolution. en-us Wed, 22 Jul 1981 00:00:00 +0530 Mon, 08 Mar 2010 15:28:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28906 Post-institution interest in a money suit did not accrue as income year by year before decree where entitlement and rate remained subject to the court's discretion under section 34 of the Code of Civil Procedure. The assessee had only a claim to seek such interest, not a vested right to receive it until the civil court determined the matter. The Tribunal was also justified in restoring the issue for fresh decision after the suit outcome was known, as final tax treatment depended on the decree and the underlying claim's resolution. Case-Laws Income Tax Wed, 22 Jul 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28906