https://www.taxtmi.com/caselaws?id=325549 The amendment to the Income-tax Act was treated as bringing interest on additional land acquisition compensation within the tax net from April 2010, thereby overriding the earlier position that such interest on enhanced compensation was not taxable. On that basis, the interest component on the additional award was regarded as subject to income tax and deductible at the time of deposit. en-us Tue, 02 Feb 2016 00:00:00 +0530 Tue, 22 Mar 2016 00:55:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325549 The amendment to the Income-tax Act was treated as bringing interest on additional land acquisition compensation within the tax net from April 2010, thereby overriding the earlier position that such interest on enhanced compensation was not taxable. On that basis, the interest component on the additional award was regarded as subject to income tax and deductible at the time of deposit. Case-Laws Income Tax Tue, 02 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325549