https://www.taxtmi.com/caselaws?id=59881 The tribunal partly allowed the appeal, ruling in favor of the taxability of the sum awarded by the Arbitrator and the interest received from the bank for the relevant assessment year. The tribunal rejected the argument that the sum should be assessed in a subsequent year due to a potential appeal by the M.E.S. department. Additionally, the tribunal directed the calculation and inclusion of the interest accrued in the assessee's income, citing legal precedents supporting the taxability of such interest. en-us Thu, 15 Apr 1993 00:00:00 +0530 Sat, 01 Jan 2011 16:17:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59881 The tribunal partly allowed the appeal, ruling in favor of the taxability of the sum awarded by the Arbitrator and the interest received from the bank for the relevant assessment year. The tribunal rejected the argument that the sum should be assessed in a subsequent year due to a potential appeal by the M.E.S. department. Additionally, the tribunal directed the calculation and inclusion of the interest accrued in the assessee's income, citing legal precedents supporting the taxability of such interest. Case-Laws Income Tax Thu, 15 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59881