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2010 (12) TMI 359 - HC - Income TaxEnhanced compensation - The similar issue came up for consideration before the Hon'ble Apex Court in Commissioner of Income-tax v. Ghanshyam (HUF), [2009 -TMI - 34152 - SUPREME COURT ] wherein it had been held that the amount of enhanced compensation received by the assessee would be taxable in the year of receipt in view of insertion of Section 45(5)(b) of the Act irrespective of whether any litigation is pending at the behest of the State in any court of law - Hence, the question of law is answered against the assessee - The appeals are dismissed.
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