https://www.taxtmi.com/caselaws?id=38887 Enhanced compensation under an award does not accrue as income while the Government's appeal against the enhancement is pending. Accrual requires the amount to be determinate and payable; a disputed claim remains contingent where the assessee's right is still liable to reduction or disallowance in appeal. Receipt under a security bond did not change that character. The Calcutta HC held that the enhanced compensation therefore did not arise in the relevant previous year for assessment year 1956-57, and the issue was decided in favour of the assessee. en-us Tue, 09 Jan 1973 00:00:00 +0530 Sat, 10 Apr 2010 12:04:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38887 Enhanced compensation under an award does not accrue as income while the Government's appeal against the enhancement is pending. Accrual requires the amount to be determinate and payable; a disputed claim remains contingent where the assessee's right is still liable to reduction or disallowance in appeal. Receipt under a security bond did not change that character. The Calcutta HC held that the enhanced compensation therefore did not arise in the relevant previous year for assessment year 1956-57, and the issue was decided in favour of the assessee. Case-Laws Income Tax Tue, 09 Jan 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38887