https://www.taxtmi.com/caselaws?id=776842 Interest awarded under Section 28 of the Land Acquisition Act, 1894 was examined for taxability as income from other sources under Section 56(2)(viii) of the Income-tax Act, 1961. In the absence of any contrary jurisdictional High Court ruling, non-jurisdictional High Court decisions were relied on and ambiguity in taxing provisions was resolved in favour of the assessee. The interest was therefore treated as not taxable under the impugned head. en-us Tue, 07 Jan 2025 00:00:00 +0530 Wed, 20 Aug 2025 08:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776842 Interest awarded under Section 28 of the Land Acquisition Act, 1894 was examined for taxability as income from other sources under Section 56(2)(viii) of the Income-tax Act, 1961. In the absence of any contrary jurisdictional High Court ruling, non-jurisdictional High Court decisions were relied on and ambiguity in taxing provisions was resolved in favour of the assessee. The interest was therefore treated as not taxable under the impugned head. Case-Laws Income Tax Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776842