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2009 (2) TMI 67 - HC - Income TaxPetitioner and other co-owners became entitled to compensation along with interest on land acquisition – whether such interest received with compensation is liable to be apportioned amongst various co-owners or liable to be taxed in only petitioner hands – matter is restored to file of AO to ascertain, whether the petitioner is co-owner of the land, as claimed by the petitioner after appreciation of evidence produced by petitioner – interest liability u/s234A & 234B will be settled accordingly
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