2000 (12) TMI 71

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Full Text of the Document

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....bunal has rightly held that the amount which the appellant was allowed to receive against the bank guarantee pending disposal of the appeal preferred by the State against the judgment of the High Court enhancing the compensation for the land compulsorily acquired from the assessee, cannot be regarded as part of the taxable income or the wealth of the assessee as the money cannot be said to belong ....