Compensation And Interest
Legal definition for Indian law research
Definition
Compensation and interest, The Legislature being well aware of the distinction between compensation and interest thereon employed clear language which leaves no room for doubt that under sub-s. (2) interest was payable in its well-known and well-understood sense and it could never form a part of the compensation money, Chandroji Rao v. Commissioner of Income-tax, (1970) 2 SCC 1582 (1584): AIR 1970 SC 1582: (1971) 1 SCR 422. [Madhya Bharat Abolition of Jagir Act (28 of 1951), s. 8(2)]
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