https://www.taxtmi.com/caselaws?id=61502 Interest on enhanced compensation was treated as having the same character under section 34 of the Land Acquisition Act as interest under section 28, so it could not be assessed entirely in the year of receipt and had to be taxed in the assessment years of accrual. Because the Supreme Court had already settled the legal position, no referable question of law survived for reference under section 256(1) of the Income-tax Act. The reference application was therefore not maintainable and was rejected. en-us Tue, 31 Aug 1982 00:00:00 +0530 Wed, 12 Jan 2011 18:39:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61502 Interest on enhanced compensation was treated as having the same character under section 34 of the Land Acquisition Act as interest under section 28, so it could not be assessed entirely in the year of receipt and had to be taxed in the assessment years of accrual. Because the Supreme Court had already settled the legal position, no referable question of law survived for reference under section 256(1) of the Income-tax Act. The reference application was therefore not maintainable and was rejected. Case-Laws Income Tax Tue, 31 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61502