COMMR.OF INCOME TAX,RAJKOT vs GOVINDBHAI MAMAIYA

The Supreme Court addressed the tax status of three brothers who inherited land and received enhanced compensation from the State Government. The Court upheld the High Court's decision that the brothers should be treated as individuals for tax purposes rather than as an Association of Persons (AoP), referencing established precedents including Meera and Company, Ludhiana vs. Commissioner of Income Tax. Additionally, the Court ruled that the interest on enhanced compensation should be spread over the years from dispossession to actual payment, aligning with the principles of income accrual.