https://www.taxtmi.com/caselaws?id=471524 Penalty for additions relating to interest received on enhanced compensation cannot be sustained where the taxability of that interest is a debatable legal issue and judicial views diverge. The absence of a settled legal position prevents penalty from being imposed merely because the addition was made. Penalty connected with such interest income was therefore deleted in favour of the assessee. en-us Thu, 09 Jul 2026 00:00:00 +0530 Mon, 07 Sep 2026 19:20:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471524 Penalty for additions relating to interest received on enhanced compensation cannot be sustained where the taxability of that interest is a debatable legal issue and judicial views diverge. The absence of a settled legal position prevents penalty from being imposed merely because the addition was made. Penalty connected with such interest income was therefore deleted in favour of the assessee. Case-Laws Income Tax Thu, 09 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471524