https://www.taxtmi.com/highlights?id=56629 Addition u/s.56(2)(viii) - interest for delayed payment of compensation under the Land Acquisition Act - interest received by the assessee towards delayed payment of compensation for compulsory acquisition of land is akin to compensation for compulsory acquisition of land, which is exempt from Income Tax by virtue of Section 96 of RFCTLARR Act 2013. - AT en-us Mon, 08 Feb 2021 14:41:27 +0530 Mon, 08 Feb 2021 14:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56629 Addition u/s.56(2)(viii) - interest for delayed payment of compensation under the Land Acquisition Act - interest received by the assessee towards delayed payment of compensation for compulsory acquisition of land is akin to compensation for compulsory acquisition of land, which is exempt from Income Tax by virtue of Section 96 of RFCTLARR Act 2013. - AT Highlights Income Tax Mon, 08 Feb 2021 14:41:27 +0530 https://www.taxtmi.com/highlights?id=56629