https://www.taxtmi.com/caselaws?id=176267 Interest on delayed or enhanced compensation for acquisition of agricultural land is taxable as income from other sources under Section 56 of the Income-tax Act, 1961, because it arises under Section 28 of the Land Acquisition Act, 1894 and does not form part of the compensation itself. The agricultural character of the acquired land does not extend to the interest component, so the payment is not exempt agricultural income. On that basis, tax deduction at source on the interest was held valid and the refund claim was rejected. en-us Mon, 30 May 2011 00:00:00 +0530 Fri, 18 Dec 2015 14:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176267 Interest on delayed or enhanced compensation for acquisition of agricultural land is taxable as income from other sources under Section 56 of the Income-tax Act, 1961, because it arises under Section 28 of the Land Acquisition Act, 1894 and does not form part of the compensation itself. The agricultural character of the acquired land does not extend to the interest component, so the payment is not exempt agricultural income. On that basis, tax deduction at source on the interest was held valid and the refund claim was rejected. Case-Laws Income Tax Mon, 30 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176267