https://www.taxtmi.com/article/detailed?id=15929 Interest payable under the Land Acquisition Act that accrues on enhanced compensation is an accretion to the compensation and therefore partakes the character of enhanced compensation rather than ordinary taxable interest; consequently it does not fall within the taxable receipt provision relied upon by the tax authorities, and penalty consequences premised on concealment of such taxable income are not supportable where the amount was claimed as exempt. en-us Thu, 26 Feb 2026 08:03:17 +0530 Thu, 26 Feb 2026 08:03:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15929 Interest payable under the Land Acquisition Act that accrues on enhanced compensation is an accretion to the compensation and therefore partakes the character of enhanced compensation rather than ordinary taxable interest; consequently it does not fall within the taxable receipt provision relied upon by the tax authorities, and penalty consequences premised on concealment of such taxable income are not supportable where the amount was claimed as exempt. Articles Income Tax Thu, 26 Feb 2026 08:03:17 +0530 https://www.taxtmi.com/article/detailed?id=15929