TMI BlogInterest on Compensation Under Land Acquisition Act is Part of Compensation, Taxable as Capital Gain or Exempt.Interest received on compensation or enhanced compensation amount u/s 28 of the Land Acquisition Act - Such interest are part of compensation and either taxable as capital gain or exempt from capital gain u/s 10(37) but not taxable as Income from other sources. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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