2026 (6) TMI 201

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....ri Vivek Vardhan, Addl. CIT, Sr. DR ORDER PER LALIET KUMAR, J.M: This appeal has been filed by the assessee against the order passed by the Ld. Commissioner of Income Tax (Appeals), NFAC, Delhi, dt. 22/09/2025 for the Assessment Year 2015-16 under section 250 of the Income-tax Act, 1961. 2. In the present appeal Assessee has raised the following grounds: 1. The impugned order ....

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.... before the Ld. CIT(A). The Ld. CIT(A) confirmed the addition by holding that the interest received under section 28 of the Land Acquisition Act is taxable in the year of receipt and does not qualify for exemption under section 10(37) of the Act. 5. Aggrieved by the order of the Ld. CIT(A), the assessee is in appeal before us and has challenged the action of the lower authorities in treating th....

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....t received on enhanced compensation is taxable under the head "Income from Other Sources" in terms of section 56(2)(viii) of the Act in the year of receipt and is not exempt under section 10(37) of the Act. 7.2 We find that the facts of the present case are identical to the facts considered by the Coordinate Bench in the aforesaid decision. The Ld. AR has not brought on record any distinguishin....