1989 (7) TMI 83

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..... f the case, the. Tribunal was right in holding that the amount of compensation received by the assessee was not taxable in its hands ? 2. Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the assessee could enter into an agreement with Delhi School Teachers Co-operative House Building Society in respect of the land which had been acquired by 'the .....

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..... at the amount which was realised on compensation having been enhanced was credited by the assessee to the account of the said society. In other words, the money which was received as a, result of enhancement of compensation went to the coffers of the society and was not retained by the assessee. This means that the said agreement was given effect to. It is a question of fact whether the said agree .....

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