Interest received u/s 28 of Land Acquisition Act taxable as income from other sources

Braham Prakash Vs ITO (ITAT Delhi) Introduction: The Income Tax Appellate Tribunal (ITAT) Delhi has upheld the taxability of interest received under Section 28 of the Land Acquisition Act. The appeal, filed by Braham Prakash against the order of the Commissioner of Income Tax (Appeals) for the Assessment Year 2013-14, challenged the inclusion of interest on enhanced compensation in the taxable income. Detailed Analysis: Braham Prakash, an individual receiving income from bank interest and compensation, filed an appeal challenging the tax treatment of interest received under Section 28 of the L...