2001 (2) TMI 93

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..... 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. The appeal before the Supreme Court was pending. The Inc .....

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..... he 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 has to wait till the final disposal by the final court .....

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..... aid, by making appropriate application for rectification of the assessment. The Tribunal relied on judgment in Smt. Sankari Manickyamma's case [1976] 105 ITR 172 (AP), that obviously stands reversed in view of the judgment of the Supreme Court in Rama Bai's case [1990] 181 ITR 400. For all these reasons, we answer the question in favour of the Revenue as indicated above and against the assessee. .....

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