https://www.taxtmi.com/caselaws?id=212797 Interest received on buy-back of shares was treated as a compensatory payment for delay and loss of interest, not as part of the sale consideration for capital gains. The reasoning distinguished such delay-related compensation from amounts that enhance transfer value or form part of the price of shares. Because the payment did not arise from any right to interest on borrowed money or from an increase in the value of the transferred asset, it was held outside the sale price. The amount was therefore taxable as income from other sources. en-us Wed, 28 Dec 2011 00:00:00 +0530 Wed, 25 Apr 2012 09:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212797 Interest received on buy-back of shares was treated as a compensatory payment for delay and loss of interest, not as part of the sale consideration for capital gains. The reasoning distinguished such delay-related compensation from amounts that enhance transfer value or form part of the price of shares. Because the payment did not arise from any right to interest on borrowed money or from an increase in the value of the transferred asset, it was held outside the sale price. The amount was therefore taxable as income from other sources. Case-Laws Income Tax Wed, 28 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212797