https://www.taxtmi.com/caselaws?id=462238 Interest under section 28 of the Land Acquisition Act, 1894 was treated as part of enhanced compensation, so it retained the character of compensation rather than becoming a separate income from other sources; on that basis, the discussion concluded that the exemption framework for enhanced compensation remained relevant and the revision under section 263 was not sustainable. The article also notes that deduction under section 54F was available where the record showed reinvestment in a residential house and the factual conditions for relief were satisfied, making denial of the claim unsustainable on those facts. en-us Wed, 08 Jan 2025 00:00:00 +0530 Tue, 03 Jun 2025 19:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462238 Interest under section 28 of the Land Acquisition Act, 1894 was treated as part of enhanced compensation, so it retained the character of compensation rather than becoming a separate income from other sources; on that basis, the discussion concluded that the exemption framework for enhanced compensation remained relevant and the revision under section 263 was not sustainable. The article also notes that deduction under section 54F was available where the record showed reinvestment in a residential house and the factual conditions for relief were satisfied, making denial of the claim unsustainable on those facts. Case-Laws Income Tax Wed, 08 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462238