Case Law Details
Case Name : Jagpal Vs PCIT (ITAT Delhi)
Related Assessment Year : 2018-19
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Jagpal Vs PCIT (ITAT Delhi)
Revision u/s 263 – Taxability of Interest on Enhanced Compensation u/s 28 of the Land Acquisition Act, 1894
The appeal concerned the validity of revisionary proceedings initiated under Section 263 of the Income-tax Act for AY 2018–19 in relation to the taxability of interest received on enhanced compensation under Section 28 of the Land Acquisition Act, 1894. The assessee had received interest of ₹82,88,672 on enhanced compensation for compulsory acquisition of agricultural land and claimed it as exempt unde
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
