2020 (7) TMI 631

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..... Acquisition Act, under the head income from other sources . Most of the applications filed by the petitioner are barred by limitation under the same Circular dated 9th June, 2015, relied upon by the learned counsel for the petitioner. Keeping in view the limited prayer sought in the writ petition, the same is disposed of with a direction to the respondent to decide the applications filed by .....

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..... for refund of income tax inadvertently paid on interest received under Section 28 of the Land Acquisition Act, 1894 for various assessment years. 4. Learned counsel for the petitioner submits that Supreme Court in CIT Vs. Ghanshyam Dass HUF, (2009) 8 SCC 412 has held that income tax is not payable on such interest received, as it is not income. He further submits that an assessee even afte .....

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..... ther states that most of the applications filed by the petitioner are barred by limitation under the same Circular dated 9th June, 2015, relied upon by the learned counsel for the petitioner. 9. However, keeping in view the limited prayer sought in the writ petition, the same is disposed of with a direction to the respondent to decide the applications filed by the petitioner within eight weeks .....

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