Interest on compensation taxed under income from other sources on receipt basis, with limited 50% deduction allowed. Interest received on compensation or enhanced compensation is taxable under the head Income from Other Sources, while the principal compensation is governed separately under capital gains principles. Such interest is deemed taxable in the year of actual receipt, and this receipt-basis rule overrides the general accounting method for this specific income. A 50% deduction is allowed in respect of the interest so received, and the earlier law states the same treatment with no additional deduction permitted.