https://www.taxtmi.com/caselaws?id=189926 Land acquisition decree deposits require appropriation according to the distinct statutory components of market value, additional amount, solatium and interest, rather than the general appropriation rule under the Code of Civil Procedure. Deposits must first be adjusted towards land value and solatium and then towards interest. Only simple interest is payable; compound interest or further interest on accrued interest is not permissible. Tax must be deducted at source from taxable compensation and interest when the disbursing officer makes payment or deposit, with taxability disputes to be pursued before income-tax authorities. en-us Fri, 26 Nov 2004 00:00:00 +0530 Wed, 25 Jan 2017 17:52:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189926 Land acquisition decree deposits require appropriation according to the distinct statutory components of market value, additional amount, solatium and interest, rather than the general appropriation rule under the Code of Civil Procedure. Deposits must first be adjusted towards land value and solatium and then towards interest. Only simple interest is payable; compound interest or further interest on accrued interest is not permissible. Tax must be deducted at source from taxable compensation and interest when the disbursing officer makes payment or deposit, with taxability disputes to be pursued before income-tax authorities. Case-Laws Income Tax Fri, 26 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189926