https://www.taxtmi.com/caselaws?id=779502 ITAT CHENNAI - AT allowed the appeal, holding that interest received on enhanced compensation consequent to compulsory acquisition is not chargeable as "Income from Other Sources" under s.56(2)(viii) read with s.145B(1). Noting divergent High Court decisions on the point, the Tribunal followed the line favorable to the assessee, applying the Supreme Court principle of resolving conflicts in favour of the taxpayer, and directed that the disputed interest should not be brought to tax. 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 ITAT CHENNAI - AT allowed the appeal, holding that interest received on enhanced compensation consequent to compulsory acquisition is not chargeable as "Income from Other Sources" under s.56(2)(viii) read with s.145B(1). Noting divergent High Court decisions on the point, the Tribunal followed the line favorable to the assessee, applying the Supreme Court principle of resolving conflicts in favour of the taxpayer, and directed that the disputed interest should not be brought to tax. Case-Laws Income Tax Thu, 04 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779502