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2010 (12) TMI 705 - HC - Income TaxEnhanced compensation - Whether the interest on enhanced compensation is taxable in the hands of the assessee in the year of receipt - the similar issue came up for consideration before this Court in The Commissioner of Income Tax, Faridabad v. Bir Singh (HUF)Ballabgarh (2010 -TMI - 205309 - PUNJAB & HARYANA HIGH COURT) as interest directed by the Collector partakes the character of compensation and forms part thereof under Section 34 of the Act whereas the interest ordered by the Court falls under Section 28 of the Act - Answered in favour of the revenue.
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