https://www.taxtmi.com/caselaws?id=368899 Interest received under section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsorily acquired agricultural land was treated as an accretion to compensation, not ordinary interest for delay. Because the land was agricultural land and the statutory conditions for exemption under section 10(37) were satisfied, the amount fell outside the expression "interest" for sections 56(2)(viii) and 145A(b). The receipt was therefore exempt under section 10(37) and not taxable as income from other sources. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 16 Oct 2018 09:50:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368899 Interest received under section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsorily acquired agricultural land was treated as an accretion to compensation, not ordinary interest for delay. Because the land was agricultural land and the statutory conditions for exemption under section 10(37) were satisfied, the amount fell outside the expression "interest" for sections 56(2)(viii) and 145A(b). The receipt was therefore exempt under section 10(37) and not taxable as income from other sources. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368899