Interest Under Section 28 of Land Acquisition Act Not Taxable as ‘Other Sources’: ITAT Delhi

Ramavtar Vs ITO (ITAT Delhi) Interest Under Section 28 of Land Acquisition Act Not Taxable as ‘Other Sources’ Because It Forms Part of Compensation: ITAT Delhi The appeal for Assessment Year 2020-21 arose from the order dated 09.12.2025 passed by the CIT(A)/NFAC, Delhi in proceedings under Sections 147 read with 144 of the Income Tax Act, 1961. The sole issue for consideration was the correctness of assessing the interest component received on land acquisition compensation under Section 28 of the Land Acquisition Act, 1894, by invoking Sections 57(iv), 56(1)(a), and 145A(b) of the Act. The...