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Case Law Details

Case Name : ITO Vs Shri Basavaraj M Kudarikannur (ITAT Bangalore)
Related Assessment Year : 2013-14
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ITO Vs Shri Basavaraj M Kudarikannur (ITAT Bangalore)

We have considered the submissions of the ld. DR. It is not disputed by the AO that the land acquired was agricultural land and the conditions laid down u/s. 10(37)(i) to (iv) are applicable to the land which is in question which was compulsorily acquired. It is also not in dispute that the interest in question was interest awarded u/s. 28 of the Land Acqu

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One Comment

  1. Pankaj says:

    Please confirm which ITR 2019 form would be used for disclosing interest on enhanced compensation. Also, under which section in income from other source, we need to show the about interest and 50% rebate on such interest. Please confirm.

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