https://www.taxtmi.com/caselaws?id=792820 Interest received on enhanced land acquisition compensation was treated as taxable income from other sources in the year of receipt under section 56(2)(viii) of the Income-tax Act, 1961. The Tribunal followed the coordinate bench view that interest under section 28 of the Land Acquisition Act forms part of taxable income and does not qualify for exemption under section 10(37). As no distinguishing facts or contrary binding precedent were shown, the Assessing Officer's addition was upheld and the assessee's challenge failed. en-us Thu, 14 May 2026 00:00:00 +0530 Thu, 04 Jun 2026 08:37:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792820 Interest received on enhanced land acquisition compensation was treated as taxable income from other sources in the year of receipt under section 56(2)(viii) of the Income-tax Act, 1961. The Tribunal followed the coordinate bench view that interest under section 28 of the Land Acquisition Act forms part of taxable income and does not qualify for exemption under section 10(37). As no distinguishing facts or contrary binding precedent were shown, the Assessing Officer's addition was upheld and the assessee's challenge failed. Case-Laws Income Tax Thu, 14 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792820