https://www.taxtmi.com/caselaws?id=293366 The tribunal dismissed the appeal, affirming the CIT(A)'s decision on the taxability of interest on enhanced compensation for compulsory acquisition of agricultural lands. The appellant's challenges regarding reassessment validity, assessment of net consideration/interest, and taxing interest on an exempted capital asset were all rejected due to lack of merit or failure to provide sufficient evidence. The tribunal found no violation of natural justice principles in the hearing process. en-us Wed, 20 Dec 2017 00:00:00 +0530 Mon, 08 Feb 2021 06:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293366 The tribunal dismissed the appeal, affirming the CIT(A)'s decision on the taxability of interest on enhanced compensation for compulsory acquisition of agricultural lands. The appellant's challenges regarding reassessment validity, assessment of net consideration/interest, and taxing interest on an exempted capital asset were all rejected due to lack of merit or failure to provide sufficient evidence. The tribunal found no violation of natural justice principles in the hearing process. Case-Laws Income Tax Wed, 20 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293366