https://www.taxtmi.com/caselaws?id=779502 Interest received on enhanced compensation for compulsory acquisition of agricultural land may be treated as part of the compensation itself, rather than as income from other sources, where it is closely linked to delayed payment of the acquisition award. The Tribunal noted conflicting High Court views on interest under section 28 of the Land Acquisition Act, 1894, and followed the interpretation favourable to the assessee. On that approach, section 56(2)(viii) read with section 145B(1) of the Income-tax Act, 1961 does not apply to tax such receipt separately, and the exemption attached to agricultural land compensation remains available. en-us Thu, 04 Sep 2025 00:00:00 +0530 Tue, 07 Oct 2025 08:30:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779502 Interest received on enhanced compensation for compulsory acquisition of agricultural land may be treated as part of the compensation itself, rather than as income from other sources, where it is closely linked to delayed payment of the acquisition award. The Tribunal noted conflicting High Court views on interest under section 28 of the Land Acquisition Act, 1894, and followed the interpretation favourable to the assessee. On that approach, section 56(2)(viii) read with section 145B(1) of the Income-tax Act, 1961 does not apply to tax such receipt separately, and the exemption attached to agricultural land compensation remains available. Case-Laws Income Tax Thu, 04 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779502