2021 (3) TMI 1399 - SCH - Income Tax

Correct head of income - interest received u/s 28 of the Land Acquisition Act 1894 - part take the character of the compensation and would fall under the head Capital gains or Income from other sources - HC held that interest received on compensation or enhanced compensation is to be treated as income from other sources and not under the head Capital gains - HELD THAT - Special Leave Petition is dismissed.