https://www.taxtmi.com/caselaws?id=469567 Interest received on enhanced compensation for compulsory acquisition of land is taxable as income from other sources under the amended scheme of section 56(2)(viii), read with section 145A(b). The interest here arose under section 28 of the Land Acquisition Act, 1894, and the later statutory amendment was applied to bring such receipts within the taxable head, rather than treating them under the earlier section 45(5) framework. The addition made by the Assessing Officer was therefore sustained, and the receipt was held taxable in the hands of the assessee. en-us Fri, 07 Mar 2025 00:00:00 +0530 Mon, 22 Jun 2026 19:00:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469567 Interest received on enhanced compensation for compulsory acquisition of land is taxable as income from other sources under the amended scheme of section 56(2)(viii), read with section 145A(b). The interest here arose under section 28 of the Land Acquisition Act, 1894, and the later statutory amendment was applied to bring such receipts within the taxable head, rather than treating them under the earlier section 45(5) framework. The addition made by the Assessing Officer was therefore sustained, and the receipt was held taxable in the hands of the assessee. Case-Laws Income Tax Fri, 07 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469567