https://www.taxtmi.com/caselaws?id=795686 Interest awarded under Section 28 of the Land Acquisition Act on enhanced compensation for compulsorily acquired agricultural land is discussed as an accretion to enhanced compensation rather than income from other sources. The note explains that, within the relevant Bombay High Court territorial jurisdiction, this view governs over a contrary Aurangabad Bench approach. It states that such interest is not taxable under Section 56(2)(viii) read with Section 145A(b) of the Income-tax Act, and that related additions for part of the interest were deleted. en-us Mon, 15 Jun 2026 00:00:00 +0530 Sat, 25 Jul 2026 08:54:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795686 Interest awarded under Section 28 of the Land Acquisition Act on enhanced compensation for compulsorily acquired agricultural land is discussed as an accretion to enhanced compensation rather than income from other sources. The note explains that, within the relevant Bombay High Court territorial jurisdiction, this view governs over a contrary Aurangabad Bench approach. It states that such interest is not taxable under Section 56(2)(viii) read with Section 145A(b) of the Income-tax Act, and that related additions for part of the interest were deleted. Case-Laws Income Tax Mon, 15 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795686