TMI BlogSupreme Court's 1986 Ruling on Enhanced Compensation Applies Despite Income Tax Act Section 45(5) Changes.Money received by the assessee by way of enhanced compensation/interest - the decision in CIT v. Hindustan Housing and Land Development Trust Limited (1986 (7) TMI 10 - SUPREME Court ) is to be applied despite Section 45(5) of the Act. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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