https://www.taxtmi.com/caselaws?id=368899 The Tribunal affirmed that the interest received on enhanced compensation for compulsory acquisition of agricultural land is considered part of the compensation and therefore exempt under section 10(37) of the Income-Tax Act, 1961. The decision dismissed the revenue's appeal, emphasizing that the interest awarded under section 28 of the Land Acquisition Act, 1894, is treated as compensation 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 The Tribunal affirmed that the interest received on enhanced compensation for compulsory acquisition of agricultural land is considered part of the compensation and therefore exempt under section 10(37) of the Income-Tax Act, 1961. The decision dismissed the revenue's appeal, emphasizing that the interest awarded under section 28 of the Land Acquisition Act, 1894, is treated as compensation 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