https://www.taxtmi.com/caselaws?id=783049 Section 263 revision was unsustainable because the Assessing Officer had made enquiry into the receipt and ed the assessee's explanation that interest under section 28 of the Land Acquisition Act formed part of enhanced compensation and was exempt under section 10(37). The Tribunal treated the issue as a debatable one, noting the distinction between interest under section 28 and section 34 and holding that the amended treatment of interest on compensation did not displace the character of the section 28 amount on the facts. A revision could not rest merely on an audit objection or a non-speaking dismissal of SLP. The revisionary order was quashed and the assessment left undisturbed. en-us Thu, 27 Nov 2025 00:00:00 +0530 Tue, 09 Dec 2025 08:41:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783049 Section 263 revision was unsustainable because the Assessing Officer had made enquiry into the receipt and ed the assessee's explanation that interest under section 28 of the Land Acquisition Act formed part of enhanced compensation and was exempt under section 10(37). The Tribunal treated the issue as a debatable one, noting the distinction between interest under section 28 and section 34 and holding that the amended treatment of interest on compensation did not displace the character of the section 28 amount on the facts. A revision could not rest merely on an audit objection or a non-speaking dismissal of SLP. The revisionary order was quashed and the assessment left undisturbed. Case-Laws Income Tax Thu, 27 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783049