https://www.taxtmi.com/caselaws?id=302372 Interest received under section 28 of the Land Acquisition Act was treated as part of enhanced compensation, not as interest for delay in payment. The distinction applied was that section 28 receipts differ from section 34 interest because section 28 is in the nature of solatium and forms an integral part of compensation. On that basis, the receipt was characterised as capital in nature and not taxable as income, and the addition was deleted. en-us Mon, 01 Jul 2019 00:00:00 +0530 Sun, 22 May 2022 15:47:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302372 Interest received under section 28 of the Land Acquisition Act was treated as part of enhanced compensation, not as interest for delay in payment. The distinction applied was that section 28 receipts differ from section 34 interest because section 28 is in the nature of solatium and forms an integral part of compensation. On that basis, the receipt was characterised as capital in nature and not taxable as income, and the addition was deleted. Case-Laws Income Tax Mon, 01 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302372