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2018 (6) TMI 453 - HC - Income TaxTDS liability u/s 194A - Interest received on compensation for agricultural land - Award of Compensation - nature of income - Held that:- As per section 145A interest received by an assessee on compensation or on enhanced compensation as per the case may be, shall be deemed to be the income of the year in which it is received and shall be chargeable under the head income from other sources u/s 56(viii) - Tribunal has clarified that word interest has been wrongly used. It is infact an enhanced compensation - thus we agree with the learned CIT(A) that impugned amount was additional compensation and not liable to deduction of tax u/s 194A - Decided in favor of assessee.
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