https://www.taxtmi.com/caselaws?id=253620 In land acquisition matters, compensation for capital gains purposes includes the final amount judicially determined, not merely the sum initially fixed by the Land Acquisition Officer. The distinction between compensation and enhanced compensation was treated as artificial because the statutory scheme contemplates market value together with the amounts ultimately awarded through reference and appeal proceedings. On that basis, enhanced compensation forms part of the compensable amount, and the assessee is entitled to relief under Section 54-H of the Income-tax Act, 1961 on the entire enhanced compensation. en-us Wed, 23 Jul 2014 00:00:00 +0530 Sat, 29 Nov 2014 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253620 In land acquisition matters, compensation for capital gains purposes includes the final amount judicially determined, not merely the sum initially fixed by the Land Acquisition Officer. The distinction between compensation and enhanced compensation was treated as artificial because the statutory scheme contemplates market value together with the amounts ultimately awarded through reference and appeal proceedings. On that basis, enhanced compensation forms part of the compensable amount, and the assessee is entitled to relief under Section 54-H of the Income-tax Act, 1961 on the entire enhanced compensation. Case-Laws Income Tax Wed, 23 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253620