https://www.taxtmi.com/caselaws?id=253620 The court clarified that under Section 54-H of the Income Tax Act, the term "compensation" includes all components of the final compensation determined by the courts, not just the initial amount set by the Land Acquisition Officer. The court emphasized that there is no separate concept of "additional compensation" and ruled that the tax exemption should apply to the entire enhanced compensation amount determined by the High Court. As a result, the court allowed the appeal, overturning previous decisions and granting tax exemption on the increased compensation awarded by the High Court. 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 The court clarified that under Section 54-H of the Income Tax Act, the term "compensation" includes all components of the final compensation determined by the courts, not just the initial amount set by the Land Acquisition Officer. The court emphasized that there is no separate concept of "additional compensation" and ruled that the tax exemption should apply to the entire enhanced compensation amount determined by the High Court. As a result, the court allowed the appeal, overturning previous decisions and granting tax exemption on the increased compensation awarded by the High Court. Case-Laws Income Tax Wed, 23 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253620