2000 (8) TMI 7

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt : K. N. Shukla, Senior Advocate ( Rajiv Nanda, Advocate, for Ms. Sushma Suri, Advocate JUDGMENT We have heard learned counsel for the appellant, read the judgment of the High Court under appeal and the judgment of the Tribunal, which the High Court reversed. We are of the view, having regard to the facts and circumstances of the case, that the High Court was right in answering the following t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e conclusion that income had accrued to the assessee under section 41(2) of the Act in the assessment year 1970-71. It is clear from the facts that the dispute before the District judge, the High Court and this court in regard to the umpire's award, made a rule of the court, was restricted to an amount of Rs. 60,000 and to interest. Therefore, the balance of the amount awarded became due to th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X