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Case Law Details

Case Name : ITO Vs Girish Kumar (ITAT Delhi)
Appeal Number : I.T.A. No. 5084/DEL/2019
Date of Judgement/Order : 06/07/2022
Related Assessment Year : 2016-17
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ITO Vs Girish Kumar (ITAT Delhi)

The only question arises as to whether interest received u/s 28 of Land Acquisition Act, 1894 is taxable u/s 56(2) (viii) read with Section 57(iv) and 145A of the Income Tax.

ITAT held that Interest received under section 2

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