https://www.taxtmi.com/caselaws?id=288797 Amounts awarded under section 28 of the Land Acquisition Act were treated as part of enhanced compensation, not as interest under section 34, so they were taxable, if at all, as capital gains under section 45(5) of the Income-tax Act, 1961. Where the land was agricultural land and the record showed cultivation, compensation received on compulsory acquisition satisfied the conditions for exemption under section 10(37). On that basis, the impugned additions were deleted and the assessee obtained full relief. en-us Fri, 20 Jul 2018 00:00:00 +0530 Tue, 30 Jun 2020 11:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288797 Amounts awarded under section 28 of the Land Acquisition Act were treated as part of enhanced compensation, not as interest under section 34, so they were taxable, if at all, as capital gains under section 45(5) of the Income-tax Act, 1961. Where the land was agricultural land and the record showed cultivation, compensation received on compulsory acquisition satisfied the conditions for exemption under section 10(37). On that basis, the impugned additions were deleted and the assessee obtained full relief. Case-Laws Income Tax Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288797