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2011 (1) TMI 612 - PUNJAB AND HARYANA HIGH COURTEnhanced compensation and interest - The matter was considered by Hon'ble Supreme Court in Commissioner of Income Tax, Faridabad Vs. Ghanshyam(HUF)[2009 -TMI - 34152 - SUPREME COURT]and it was held that enhanced compensation was taxed in the year of receipt even if the proceeding has not attained finality in view of the amendment to Section 45(5) of the Act. Interest on compensation awarded by the Collector was part of compensation while interest on enhanced compensation was to be treated as income from other sources - Hence, the appeal is answered in favour of the revenue - Accordingly, the appeal is allowed
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