https://www.taxtmi.com/caselaws?id=60844 The Appellate Tribunal ruled in favor of the assessee, holding that the compensation received for temporary disablement was a capital receipt and not taxable. The Tribunal found that the Commissioner lacked jurisdictional facts to make the order under section 263 of the Income-tax Act. Additionally, the Tribunal emphasized that the original assessment by the Income-tax Officer, which excluded the compensation amount, was proper and in accordance with the law, rendering the Commissioner's order invalid. en-us Tue, 19 Sep 1989 00:00:00 +0530 Sat, 08 Jan 2011 12:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60844 The Appellate Tribunal ruled in favor of the assessee, holding that the compensation received for temporary disablement was a capital receipt and not taxable. The Tribunal found that the Commissioner lacked jurisdictional facts to make the order under section 263 of the Income-tax Act. Additionally, the Tribunal emphasized that the original assessment by the Income-tax Officer, which excluded the compensation amount, was proper and in accordance with the law, rendering the Commissioner's order invalid. Case-Laws Income Tax Tue, 19 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60844