https://www.taxtmi.com/caselaws?id=799857 Interest awarded under Section 28 of the Land Acquisition Act, 1894, on enhanced compensation for compulsory acquisition of agricultural land bears the character of enhanced compensation rather than separately taxable interest. It forms part of the enhanced value of the acquired land and consequently receives the same exemption under Section 10(37) of the Income-tax Act, 1961 as the underlying compensation. en-us Fri, 18 Sep 2026 00:00:00 +0530 Mon, 28 Sep 2026 08:12:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799857 Interest awarded under Section 28 of the Land Acquisition Act, 1894, on enhanced compensation for compulsory acquisition of agricultural land bears the character of enhanced compensation rather than separately taxable interest. It forms part of the enhanced value of the acquired land and consequently receives the same exemption under Section 10(37) of the Income-tax Act, 1961 as the underlying compensation. Case-Laws Income Tax Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799857