2001 (2) TMI 93

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....ds belonging to the assessee have been acquired by the Government in the year 1966 and compensation was awarded by the Land Acquisition Officer. On a reference, compensation at higher rate was awarded. The assessee was held to be entitled to an interest of Rs. 43,642 for the period May 18, 1966, to December 9, 1975. The State Government went in appeal against the enhancement made in the appeal. Th....

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....nterest on compensation the assessment year for which the interest should be brought to tax is the one in which it was awarded or the year in which issue of quantum of compensation becomes final ?" We have given the facts of the case somewhat in detail only because we have found that the question is not happily framed. The question, which needed to be answered, is "Whether the Assessing Officer....