https://www.taxtmi.com/caselaws?id=180399 Interest received on delayed payment of enhanced compensation for acquired land was treated as taxable income from other sources, not as a separate exempt component. Where no specific accounting method was shown, the receipt was assessed on the cash system, so tax incidence arose in the year of receipt. The earlier ruling in Ghanshyam (HUF) was held not to assist on these facts. Tax deduction at source on such interest was therefore justified, and the challenge to withholding failed. en-us Thu, 30 Jan 2014 00:00:00 +0530 Wed, 23 Mar 2016 10:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180399 Interest received on delayed payment of enhanced compensation for acquired land was treated as taxable income from other sources, not as a separate exempt component. Where no specific accounting method was shown, the receipt was assessed on the cash system, so tax incidence arose in the year of receipt. The earlier ruling in Ghanshyam (HUF) was held not to assist on these facts. Tax deduction at source on such interest was therefore justified, and the challenge to withholding failed. Case-Laws Income Tax Thu, 30 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180399