https://www.taxtmi.com/caselaws?id=182183 The Tribunal dismissed the Revenue's appeals, upholding the CIT(A)'s decision to exempt the interest received by the assessee as part of enhanced compensation for agricultural land acquisition under section 10(37) of the Income Tax Act, 1961. The Tribunal found the interest to be part of the enhanced compensation and not separately taxable. Additionally, the Tribunal deemed the fresh evidence admitted by the CIT(A) as admissible, as it aligned with the Assessing Officer's findings. The decision in ITA No. 561/Chd/2010 was applied to all 52 appeals, resulting in their dismissal. en-us Tue, 10 Aug 2010 00:00:00 +0530 Wed, 04 May 2016 14:29:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182183 The Tribunal dismissed the Revenue's appeals, upholding the CIT(A)'s decision to exempt the interest received by the assessee as part of enhanced compensation for agricultural land acquisition under section 10(37) of the Income Tax Act, 1961. The Tribunal found the interest to be part of the enhanced compensation and not separately taxable. Additionally, the Tribunal deemed the fresh evidence admitted by the CIT(A) as admissible, as it aligned with the Assessing Officer's findings. The decision in ITA No. 561/Chd/2010 was applied to all 52 appeals, resulting in their dismissal. Case-Laws Income Tax Tue, 10 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182183