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Interest received with claim in MACT Act order

(Querist) 01 March 2009 This query is : Resolved 
Interest can not be taxed in all a lump sum on the date on which the Court passes an order for enhanced compensation but that it has to be spread over on an annual basis right from the date of delivery of possession till the date of the order of the court on a time basis.
Whether it is correct or not ?
Report Abuse
ARVIND JAIN (Expert) 13 March 2009
CORRECT.

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