https://www.taxtmi.com/caselaws?id=406378 Interest received on enhanced compensation for acquisition of agricultural land was treated as part of the compensation structure and, on the facts found, was not chargeable to tax under the provisions invoked for interest on compensation. The reasoning followed Union of India v. Hari Singh, which had held that compensation or enhanced compensation for agricultural land was not taxable, and the appellate order was found defective because it gave no independent reason for sustaining the addition. The tax addition was therefore deleted. en-us Mon, 12 Apr 2021 00:00:00 +0530 Tue, 13 Apr 2021 08:59:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406378 Interest received on enhanced compensation for acquisition of agricultural land was treated as part of the compensation structure and, on the facts found, was not chargeable to tax under the provisions invoked for interest on compensation. The reasoning followed Union of India v. Hari Singh, which had held that compensation or enhanced compensation for agricultural land was not taxable, and the appellate order was found defective because it gave no independent reason for sustaining the addition. The tax addition was therefore deleted. Case-Laws Income Tax Mon, 12 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406378