https://www.taxtmi.com/caselaws?id=34152 The SC held that enhanced compensation-including additional amount under s.23(1A), solatium under s.23(2) and interest awarded under s.28 of the 1894 Act-constitutes part of consideration for capital gains and is taxable under s.45(5); interest under s.28 is an accretion to value (unlike delay-interest under s.34). The Court noted the Finance Act, 2003 amendments reinforce this position. Because these appeals concern assessment years 1991-92 and 1992-93 and Land Acquisition proceedings may have concluded, the SC declined retrospective recomputation and allowed the Department's civil appeal. en-us Thu, 16 Jul 2009 00:00:00 +0530 Sat, 21 Feb 2026 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34152 The SC held that enhanced compensation-including additional amount under s.23(1A), solatium under s.23(2) and interest awarded under s.28 of the 1894 Act-constitutes part of consideration for capital gains and is taxable under s.45(5); interest under s.28 is an accretion to value (unlike delay-interest under s.34). The Court noted the Finance Act, 2003 amendments reinforce this position. Because these appeals concern assessment years 1991-92 and 1992-93 and Land Acquisition proceedings may have concluded, the SC declined retrospective recomputation and allowed the Department's civil appeal. Case-Laws Income Tax Thu, 16 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34152