https://www.taxtmi.com/caselaws?id=472373 Interest awarded for delayed payment or withholding of compulsory-acquisition compensation under Sections 28 and 34 of the Land Acquisition Act, 1894 is distinct from the compensation or consideration for acquiring land and is treated as a taxable revenue receipt. Section 194LA of the Income-tax Act, 1961 excludes agricultural land from tax deduction at source on acquisition compensation, but that exclusion does not extend to such interest. Tax may therefore be deducted at source from interest awarded in relation to compulsorily acquired agricultural land. en-us Wed, 04 Jan 2012 00:00:00 +0530 Fri, 09 Oct 2026 15:12:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472373 Interest awarded for delayed payment or withholding of compulsory-acquisition compensation under Sections 28 and 34 of the Land Acquisition Act, 1894 is distinct from the compensation or consideration for acquiring land and is treated as a taxable revenue receipt. Section 194LA of the Income-tax Act, 1961 excludes agricultural land from tax deduction at source on acquisition compensation, but that exclusion does not extend to such interest. Tax may therefore be deducted at source from interest awarded in relation to compulsorily acquired agricultural land. Case-Laws Indian Laws Wed, 04 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472373