https://www.taxtmi.com/caselaws?id=302118 Amounts awarded under section 28 of the Land Acquisition Act, 1894 are treated as accretion to the value of acquired land and form part of enhanced compensation, while interest under section 34 is separate delay-related interest. On that basis, the receipt under section 28 is not taxable as income from other sources and remains exempt under section 10(37) of the Income-tax Act, 1961. The amendment to section 145A(b) and section 56(2)(viii) is stated not to change this position for the receipt in issue, and the addition was directed to be deleted. en-us Tue, 18 Mar 2014 00:00:00 +0530 Mon, 08 Aug 2022 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302118 Amounts awarded under section 28 of the Land Acquisition Act, 1894 are treated as accretion to the value of acquired land and form part of enhanced compensation, while interest under section 34 is separate delay-related interest. On that basis, the receipt under section 28 is not taxable as income from other sources and remains exempt under section 10(37) of the Income-tax Act, 1961. The amendment to section 145A(b) and section 56(2)(viii) is stated not to change this position for the receipt in issue, and the addition was directed to be deleted. Case-Laws Income Tax Tue, 18 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302118