2012 (12) TMI 218

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....sel: - Ashok Trivedi   Present appeal has been filed under Section 260-A of the Income tax Act, 1961 (hereinafter referred to as the Act) against the order dated 8th June, 2004 passed by the Income Tax Appellate Tribunal, Allahabad. The appeal has been admitted vide order dated 27th September, 2007 on the following substantial question of law: "Whether on the facts and in the circumstan....

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....ed 26th February, 1990 allowed the appeal and granted compensation of Rs. 12,18,000/- and solatium of Rs. 3,65,400 and further interest @ 12% on additional compensation from 24th September, 1987 to 23rd April, 1988 and 9% per annum from 24th April, 1988 till the date of payment of the compensation. The Collector, Varanasi filed further appeal before this Court. This Court passed an interim order o....

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.... dated 26th February, 1990 passed by the Additional District Judge, Varanasi has been stayed by this Court in appeal filed by the Collector, Varanasi no interest accrues. The Tribunal has distinguished the decision of the Hon'ble Supreme Court in Rama Devi Vs. CIT (181 ITR 400) as in the present case operation of the award has been stayed no interest accrued on the additional compensation nor beco....