Interest received on compensation or enhanced compensation ...
Interest on Compensation Under Land Acquisition Act is Part of Compensation, Taxable as Capital Gain or Exempt.
March 15, 2019
Case Laws Income Tax AT
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.
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