https://www.taxtmi.com/caselaws?id=57368 Enhanced compensation received after the original assessment was held taxable through rectification, because section 155(7A) deems the earlier capital gains computation to have been wrongly made when compensation is later increased by a court or other authority. The provision operates through section 154, and the four-year period runs from the end of the previous year in which the additional compensation is received. As the enhancement order was made after 1-4-1974 and the rectification was completed within time, the enhanced amount was correctly brought into capital gains computation for the relevant assessment year. en-us Tue, 22 Mar 1983 00:00:00 +0530 Thu, 09 Dec 2010 17:48:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57368 Enhanced compensation received after the original assessment was held taxable through rectification, because section 155(7A) deems the earlier capital gains computation to have been wrongly made when compensation is later increased by a court or other authority. The provision operates through section 154, and the four-year period runs from the end of the previous year in which the additional compensation is received. As the enhancement order was made after 1-4-1974 and the rectification was completed within time, the enhanced amount was correctly brought into capital gains computation for the relevant assessment year. Case-Laws Income Tax Tue, 22 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57368