https://www.taxtmi.com/caselaws?id=16088 Interest paid on delayed compensation under sections 28 and 34 of the Land Acquisition Act was treated as revenue receipt chargeable to income-tax, so tax deduction at source under section 194A of the Income-tax Act was held applicable. The later Supreme Court ruling on taxability was binding, and the earlier contrary view could not be relied on to avoid deduction. The petitioners were therefore not entitled to refund or other relief in the writ petition, though they remained at liberty to seek assessment on a spread-over basis in line with the Supreme Court decision. en-us Tue, 22 Sep 1998 00:00:00 +0530 Thu, 18 Dec 2025 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16088 Interest paid on delayed compensation under sections 28 and 34 of the Land Acquisition Act was treated as revenue receipt chargeable to income-tax, so tax deduction at source under section 194A of the Income-tax Act was held applicable. The later Supreme Court ruling on taxability was binding, and the earlier contrary view could not be relied on to avoid deduction. The petitioners were therefore not entitled to refund or other relief in the writ petition, though they remained at liberty to seek assessment on a spread-over basis in line with the Supreme Court decision. Case-Laws Income Tax Tue, 22 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16088