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Compensation And Interest - Definition - Law Dictionary Home Dictionary Definition compensation-and-interest

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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