Interest on compensation taxable as income from other sources: Delhi HC

PCIT Vs Inderjit Singh Sodhi (HUF) (Delhi High Court)

The case of PCIT vs Inderjit Singh Sodhi (HUF) delves into the taxability of interest earned on compensation or enhanced compensation under the Land Acquisition Act, 1894. This article provides a comprehensive analysis of the Delhi High Court’s judgment on whether such interest constitutes income from other sources.

The crux of the matter lies in interpreting Sections 28 and 34 of the Land Acquisition Act, which govern the payment

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