https://www.taxtmi.com/caselaws?id=783375 Interest awarded under section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsory acquisition of agricultural land is treated as an accretion to the compensation itself, not as ordinary interest income. Applying the binding jurisdictional precedent, the amount was therefore not taxable as income from other sources under section 56(2)(viii) read with section 145A(b) of the Income-tax Act, 1961. On that basis, where the statutory conditions are satisfied, the receipt follows the tax treatment of the compensation and qualifies for exemption under section 10(37), making any addition by the Assessing Officer unsustainable. en-us Fri, 28 Nov 2025 00:00:00 +0530 Mon, 15 Dec 2025 08:39:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783375 Interest awarded under section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsory acquisition of agricultural land is treated as an accretion to the compensation itself, not as ordinary interest income. Applying the binding jurisdictional precedent, the amount was therefore not taxable as income from other sources under section 56(2)(viii) read with section 145A(b) of the Income-tax Act, 1961. On that basis, where the statutory conditions are satisfied, the receipt follows the tax treatment of the compensation and qualifies for exemption under section 10(37), making any addition by the Assessing Officer unsustainable. Case-Laws Income Tax Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783375