https://www.taxtmi.com/caselaws?id=470528 Interest awarded under Section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsorily acquired agricultural land is characterised as an accretion to the land's value and forms part of enhanced compensation, rather than income from other sources. This differs from interest under Section 34, which compensates for delayed payment. Amendments governing taxation of interest on compensation address the timing of taxation and do not change the character of Section 28 interest. A contrary High Court view was treated as inapplicable against the Supreme Court position, and a non-speaking dismissal of a special leave petition was not a binding declaration of law. en-us Tue, 10 Feb 2026 00:00:00 +0530 Wed, 29 Jul 2026 18:59:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470528 Interest awarded under Section 28 of the Land Acquisition Act, 1894 on enhanced compensation for compulsorily acquired agricultural land is characterised as an accretion to the land's value and forms part of enhanced compensation, rather than income from other sources. This differs from interest under Section 34, which compensates for delayed payment. Amendments governing taxation of interest on compensation address the timing of taxation and do not change the character of Section 28 interest. A contrary High Court view was treated as inapplicable against the Supreme Court position, and a non-speaking dismissal of a special leave petition was not a binding declaration of law. Case-Laws Income Tax Tue, 10 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470528