https://www.taxtmi.com/caselaws?id=209385 Enhanced compensation and interest statutorily attached to it were held taxable in the year of receipt, with interest under section 28 of the Land Acquisition Act, 1894 following the same tax treatment as the compensation itself. The court also held that section 64(1A) requires clubbing of income arising to a minor child in the parent's hands unless a specific statutory exception applies, and deposit of the amount until majority does not take it outside the provision. Both issues were answered in favour of the Revenue. en-us Wed, 06 Oct 2010 00:00:00 +0530 Mon, 22 Jul 2013 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209385 Enhanced compensation and interest statutorily attached to it were held taxable in the year of receipt, with interest under section 28 of the Land Acquisition Act, 1894 following the same tax treatment as the compensation itself. The court also held that section 64(1A) requires clubbing of income arising to a minor child in the parent's hands unless a specific statutory exception applies, and deposit of the amount until majority does not take it outside the provision. Both issues were answered in favour of the Revenue. Case-Laws Income Tax Wed, 06 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209385