https://www.taxtmi.com/caselaws?id=768939 Interest received on enhanced compensation for compulsory acquisition of agricultural land was held to form part of compensation, because the land acquisition statute includes enhanced compensation and interest payable thereon within compensation and grants exemption accordingly. On that basis, the receipt was not taxable as income from other sources under section 56(2)(viii) of the Income-tax Act, 1961, and the addition was unsustainable. en-us Thu, 27 Mar 2025 00:00:00 +0530 Wed, 16 Apr 2025 08:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768939 Interest received on enhanced compensation for compulsory acquisition of agricultural land was held to form part of compensation, because the land acquisition statute includes enhanced compensation and interest payable thereon within compensation and grants exemption accordingly. On that basis, the receipt was not taxable as income from other sources under section 56(2)(viii) of the Income-tax Act, 1961, and the addition was unsustainable. Case-Laws Income Tax Thu, 27 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768939