https://www.taxtmi.com/caselaws?id=36969 Under the Rajasthan Land Reforms and Resumption of Jagirs Act, 1952, compensation became due from the date of resumption and simple interest ran from that date until payment. On that statutory scheme, the right to receive interest arose year to year as it accrued, so the interest was assessable in the relevant years of accrual rather than only in the year of actual receipt. Applying the settled accrual principle, the Tribunal's view that no question of law arose for reference was upheld, and the application was dismissed in favour of the assessee. en-us Sat, 02 Feb 1980 00:00:00 +0530 Thu, 25 Mar 2010 16:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36969 Under the Rajasthan Land Reforms and Resumption of Jagirs Act, 1952, compensation became due from the date of resumption and simple interest ran from that date until payment. On that statutory scheme, the right to receive interest arose year to year as it accrued, so the interest was assessable in the relevant years of accrual rather than only in the year of actual receipt. Applying the settled accrual principle, the Tribunal's view that no question of law arose for reference was upheld, and the application was dismissed in favour of the assessee. Case-Laws Income Tax Sat, 02 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36969