https://www.taxtmi.com/caselaws?id=33531 Interest on enhanced compensation was held taxable only when the enhanced compensation dispute attains finality, not on an accrual basis year by year from the date of possession. Once the compensation is finally determined, the interest attributable to the period from delivery of possession until the order is to be spread over the relevant years on a time basis. Applying that principle, the Tribunal's view was upheld, the issue was decided in favour of the assessee, and the Revenue's appeals were dismissed because no substantial question of law arose. en-us Tue, 08 Apr 2008 00:00:00 +0530 Fri, 22 May 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33531 Interest on enhanced compensation was held taxable only when the enhanced compensation dispute attains finality, not on an accrual basis year by year from the date of possession. Once the compensation is finally determined, the interest attributable to the period from delivery of possession until the order is to be spread over the relevant years on a time basis. Applying that principle, the Tribunal's view was upheld, the issue was decided in favour of the assessee, and the Revenue's appeals were dismissed because no substantial question of law arose. Case-Laws Income Tax Tue, 08 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33531